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Fox News reports that People are all excited because they have taken an exit poll of 1200 voters and found that 50.5% of the voters say that they voted for Richard Nixon and they predict that he will be president. Test this claim using a 1 % significance level. (α=0.01)

Define your hypothesis.

Calculate the test statistic. By hand or by calculator.

Calculate the proper critical value.

Find the probability value (p value).

Is this a right tailed test, left tail or two tails?

Clear statement about what the test determines. Do you believe the prediction?

Reference no: EM132514936

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