Solution:-
A)
State the hypotheses. The first step is to state the null hypothesis and an alternative hypothesis.
Null hypothesis: P1 = P2
Alternative hypothesis: P1 > P2
Note that these hypotheses constitute a one-tailed test.
Since the p-value(0.26) is greater than the significance level(0.05), hence we have to reject the null hypothesis.
A) The method used by the student is not statistical significant.
B) The method used by the student have practical significant, becuase new method of guessing gets 23% answers correct which is greater than expected 20%.
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