Use the Given Information to Find the P-Value $\mathrm { H } _ { 1 } : \mathrm { p } \neq 3 / 5$

question 105

Multiple Choice

Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null
hypothesis (reject the null hypothesis or fail to reject the null hypothesis) .
-With $\mathrm { H } _ { 1 } : \mathrm { p } \neq 3 / 5$ , the test statistic is z = 0.78.

• A) 0.2177 fail to reject the null hypothesis
• B) 0.4354; fail to reject the null hypothesis
• C) 0.2177; reject the null hypothesis
• D) 0.4354; reject the null hypothesis

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Authorized

Having legal or official approval to do something.

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The process by which a company's shareholders give consent to certain decisions or actions proposed by the company's board of directors, often requiring a vote.

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A strategic proposal for combining two or more companies into a single entity to achieve business benefits.

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The valuation of companies before they undergo a merger, factoring in stock prices, assets, and overall financial health.