What is the test statistic? z= What is the P-value? What is the conclusion about the null hypothesis? Thank You!

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What is the test statistic? z=

What is the P-value?

What is the conclusion about the null hypothesis?

Thank You!

In a study of 801 randomly selected medical malpractice lawsuits, it was found that 502 of them were dropped or dismissed.
Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed.
Which of the following is the hypothesis test to be conducted?
A. Ho: p=0.5
H₁: p>0.5
OC. Ho: p=0.5
H₁: p*0.5
OE. Ho: p>0.5
H₁: p=0.5
What is the test statistic?
2 =
(Round to two decimal places as needed.)
OB. Ho: p0.5
H₁: p=0.5
OD. Ho: p<0.5
H₁: p=0.5
OF. Ho: p=0.5
H₁: p<0.5
Transcribed Image Text:In a study of 801 randomly selected medical malpractice lawsuits, it was found that 502 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. Which of the following is the hypothesis test to be conducted? A. Ho: p=0.5 H₁: p>0.5 OC. Ho: p=0.5 H₁: p*0.5 OE. Ho: p>0.5 H₁: p=0.5 What is the test statistic? 2 = (Round to two decimal places as needed.) OB. Ho: p0.5 H₁: p=0.5 OD. Ho: p<0.5 H₁: p=0.5 OF. Ho: p=0.5 H₁: p<0.5
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