Compute the test statistic and the p-value for the following three cases
Consider the following hypothesis test.H₀: π ≥ 0.64H₁: π < 0.64Compute the test statistic and the p-value for the following three cases.n =500p̅ =0.610α =0.10a) p-value =0.0411 Conclude that the population proportion is less than 0.64.b) p-value =0.0411 Conclude that the population proportion is not less than 0.64.c) p-value =0.0808 Conclude that the population proportion is less than 0.64.d) p-value =0.0808 Conclude that the population proportion is not less than 0.64.
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