Compute the decision rule for rejecting null hypothesis

Reference no: EM132464875

The mayor of a town has proposed a plan for the construction of an adjoining community. A political study took a sample of 1000 voters in the town and found that 60% of the residents favored construction. Using the data, a political strategist wants to test the claim that the percentage of residents who favor construction is more than 56%. Determine the decision rule for rejecting the null hypothesis, H0, at the 0.02 level.

Reference no: EM132464875

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