You may need to use the appropriate appendix table or technology to answer this question.Consider the following hypothesis test:Ho: P - 0.5H:P + 0.5A sample of 700 provided a sample proportion of 0.57.(a) Determine the standard error of the proportion. (Round your answer to five decimal places.)(b) Compute the value of the test statistic. (Round your answer to two decimal places.)(c) Determine the p-value, and using a = 0.05, test the hypotheses.Find the p-value. (Round your answer to four decimal places.)p-value =State your conclusion.O Do not reject H There is sufficient evidence to conclude p differs from 0.5.O Reject H. There is insufficient evidence to conclude p differs from 0.5.O Reject H There is sufficient evidence to conclude p differs from 0.5.O Do not reject H. There is insufficient evidence to conclude p differs from 0.5.

GivenH0:p=0.5Ha:p≠0.5sample size(n)=700sample proportion(p^)=0.57

Answered: You may need to use the appropriate…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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