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A nationwide sample of influential Liberals and Conservatives was asked as a part of a comprehensive...

A nationwide sample of influential Liberals and Conservatives was asked as a part of a comprehensive survey whether they favoured lowering environmental standards so that high-sulphur coal could be burned in coal-fired power plants. The results were:

Liberals Conservatives
Number sampled 511 679
Number in favour 41 85

At the 0.02 level of significance, can we conclude that there is a larger proportion of Conservatives in favour of lowering the standards? Calculate and interpret the p-value.

a. State the decision rule. (Round the final answer to 3 decimal places.)

H0 is rejected if z is less than ???

b. Compute the pooled proportion. (Round the final answer to 4 decimal places.)

Pooled proportion ???

c. Compute the value of the test statistic. (Negative answer should be indicated by a minus sign. Round the final answer to 2 decimal places.)

Value of test statistic ???   

e. Calculate the p-value. (Round the z-value to 2 decimal places. Round the final answer to 4 decimal places.)

p-value is: ???

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