Suppose that in a random selection of 100 colored candies, 30% of them are blue. The candy company claims that the percentage of blue candies is equal to 28%. Use a 0.05 significance level to test that claim. Identify the null and alternative hypotheses for this test. Choose the correct answer below. O A. Ho: p=0.28 H;:p>0.28 O B. Ho: p#0.28 H,:p=0.28 OC. Ho: p=0.28 H:p<0.28 OD. Ho:p=0.28 H:p#0.28 Identify the test statistic for this hypothesis test. The test statistic for this hypothesis test is. (Round to two decimal places as needed.) Identify the P-value for this hypothesis test. The P-value for this hypothesis test is (Round to three decimal places as needed.) Identify the conclusion for this hypothesis test.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.