Assuming the Conditions for a Two Proportion Z-Test Hold, State $\mathrm { H } _ { 0 } : \mathrm { p } _ { 1 } = \mathrm { p } _ { 2 }$

question 3

Essay

Assuming the conditions for a two proportion z-test hold, state the alternative hypothesisthen find the observed test statistic and p-value. State your decision regarding the nullhypothesis,H0:
p1=p2 $\mathrm { H } _ { 0 } : \mathrm { p } _ { 1 } = \mathrm { p } _ { 2 }$ . How do the test results compare to the expectations of the psychologist?
Round to the nearest hundredth.

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Definitions:

Modified Cash Basis

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Warranty Expense

Costs associated with the obligation to repair or replace defective products sold to customers, recognized as a liability.

Estimated Liability

A probable future outflow of resources, arising from past transactions or events, the amount of which is not certain.

Cash Discounts

A reduction in invoice amount offered by sellers to buyers as an incentive for early payment.