In a study of 791 randomly selected medical malpractice lawsuits, it was found that 497 of them were dropped or dismissed. Use a 0.05 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?
A.) H0: p<0.5 and H1: p=0.5
B.) H0: p=0.5 and H1: p>0.5
C.) H0: p=0.5 and H1: p≠0.5
D.) H0: p>0.5 and H1: p=0.5
E.) H0: p≠0.5 and H1: p=0.5
F.) H0: p=0.5 and H1: p<0.5
What is the test statistic? z=___
What is the conclusion about the null hypothesis? Reject or Fail to reject?
What is the final conclusion?
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