UCF administrators want to determine the proportion of students who have seen The Matrix. If the proportion differs from 60%, then the university will be forced to permanently close. Suppose a hypothesis test is conducted and the test statistic is -1.23. If α = 0.25, what is the most appropriate decision and reasoning?
Critical value = + Z0.125 = +1.15 = -1.15 , 1.15
Since test statistic < -1.23, we should reject the null hypothesis.
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