In a recent poll of 740 randomly selected adults, 588 said that it is morally wrong to not report all income on tax returns. Use a 0.05 significance level to test the claim that 70% of adults say that it is morally wrong to not report all income on tax returns. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of the binomial distribution.
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