Compute the test statistic and the p-value for the following three cases.
Consider the following hypothesis test. 
 H₀: π ≥ 0.55 
 H₁: π < 0.55 
 Compute the test statistic and the p-value for the following three cases. 
 14 n = 300 p̅ = 0.51 α = 0.05 
 a p-value = 0.0823 Conclude that the population proportion is less than 0.55. 
 b p-value = 0.0823 Conclude that the population proportion is not less than 0.55.
 c p-value = 0.0411 Conclude that the population proportion is not less than 0.55. 
 d p-value = 0.0411 Conclude that the population proportion is less than 0.55. 
 15 n = 300 p̅ = 0.51 α = 0.10 
 a p-value = 0.0411 Conclude that the population proportion is not less than 0.55. 
 b p-value = 0.0411 Conclude that the population proportion is less than 0.55. 
 c p-value = 0.0823 Conclude that the population proportion is not less than 0.55. 
 d p-value = 0.0823 Conclude that the population proportion is less than 0.55.
 16 n = 900 ∑x = 468 
 a p-value = 0.0703 Reject H₀ at α = 0.10, but do not reject at α = 0.05. 
 b p-value = 0.0703 Reject H₀ at α = 0.05, but do not reject at α = 0.10. 
 c p-value = 0.0351 Reject H₀ at α = 0.05, but do not reject at α = 0.01.
 d p-value = 0.0351 Reject H₀ at α = 0.10, but do not reject at α = 0.05.

