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Asume that you are testing ho p 5 vs ha p gt 5 and that

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Assume that you are testing: Ho: p = .5 vs. Ha: p > .5, and that based on the collected data, the p-value of the test is .001. Explain the meaning of the actual value of the p-value, and why it makes sense to reject Ho in this case.

Reference no: EM13625663

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