Solved: Compute the value of the test statistic, Basic Statistics

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Compute the value of the test statistic

Discuss the below:

H-subzero: Pie = .40
H-subone: Pie does not equal .40

Q: A sample of 120 observations revealed that p = .30. At the .05 significance level, can the null hypothesis be rejected?

A: State the decision rule

B: Compute the value of the test statistic

C: What is your decision regarding the null hypothesis?

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Basic Statistics: Compute the value of the test statistic

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Basic Statistics: Compute the value of the test statistic

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