m a study of 783 randomly selected medical malpractice lawsuits, it was found that 482 of them were dropped or dismissed. Use a 0.01 significance level t nalpractice lawsuits are dropped or dismissed. Which of the following is the hypothesis test to be conducted? A. Ho: p=0.5 H₁: p>0.5 C. Ho:p>0.5 H₁: p=0.5 E. Ho: p0.5 H₁: p=0.5 What is the test statistic? Round to two decimal places as needed.) What is the P-value? P-value= Round to three decimal places as needed.) OB. Ho: p=0.5 H₁: p0.5 OD. Ho: p=0.5 H₁: p<0.5 OF. Ho: p<0.5 H₁: p=0.5 "What is the conclusion about the null hypothesis? A. Reject the null hypothesis because the P-value is less than or equal to the significance level, a B. Fail to reject the null hypothesis because the P-value is greater than the significance level, a. OC. Fail to reject the null hypothesis because the P-value is less than or equal to the significance level, a. OD. Reject the null hypothesis because the P-value is greater than the significance level, a

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In a study of 783 randomly selected medical malpractice lawsuits, it was found that 482 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical
malpractice lawsuits are dropped or dismissed.
Which of the following is the hypothesis test to be conducted?
OA. Ho: p=0.5
H₁: p > 0.5
OC. Ho: p > 0.5
H₁: p=0.5
OE. Ho: p* 0.5
H₁: p=0.5
What is the test statistic?
(Round to two decimal places as needed.)
What is the P-value?
P-value=
(Round to three decimal places as needed.)
B. Ho: p=0.5
H₁: p=0.5
OD. Ho: p=0.5
H₁: p<0.5
OF. Ho: p<0.5
H₁: p=0.5
What is the conclusion about the null hypothesis?
OA. Reject the null hypothesis because the P-value is less than or equal to the significance level, a.
OB. Fail to reject the null hypothesis because the P-value is greater than the significance level, a.
C. Fail to reject the null hypothesis because the P-value is less than or equal to the significance level, a.
OD. Reject the null hypothesis because the P-value is greater than the significance level, a.
Transcribed Image Text:In a study of 783 randomly selected medical malpractice lawsuits, it was found that 482 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. Which of the following is the hypothesis test to be conducted? OA. Ho: p=0.5 H₁: p > 0.5 OC. Ho: p > 0.5 H₁: p=0.5 OE. Ho: p* 0.5 H₁: p=0.5 What is the test statistic? (Round to two decimal places as needed.) What is the P-value? P-value= (Round to three decimal places as needed.) B. Ho: p=0.5 H₁: p=0.5 OD. Ho: p=0.5 H₁: p<0.5 OF. Ho: p<0.5 H₁: p=0.5 What is the conclusion about the null hypothesis? OA. Reject the null hypothesis because the P-value is less than or equal to the significance level, a. OB. Fail to reject the null hypothesis because the P-value is greater than the significance level, a. C. Fail to reject the null hypothesis because the P-value is less than or equal to the significance level, a. OD. Reject the null hypothesis because the P-value is greater than the significance level, a.
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