In a small town in Colorado, it was found that 58% of the population support Candidate Randy. In a random sample of 100 residents of this small town, it was found that 50 of them support Randy. Perform a test to determine if less than 58% of the population support Randy. Use a significance level of 0.02%.
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Check all of the requirements that are satisfied.
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Identify the null and alternative hypotheses. Enter the parameter as a decimal.
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What type of hypothesis test should you conduct (left, right, or two-tailed)?
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Identify the appropriate significance level. Make sure to enter your answer as a decimal.
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Which calculator function should you use?
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Find the test statistic. Write the result below, and be sure to round your final answer to two decimal places.
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Find the p-value. Enter your answer as a decimal (not a percentage) and round to 4 decimal places.
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Should you reject or not reject the null hypothesis?
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Select the statement below that best represents the interpretation.