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Chicken Delight claims that 92% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 80 orders revealed that 72 were delivered within the promised time. At the 0.01 significance level, can we conclude that less than 92% of the orders are delivered in less than 10 minutes?
a. What is the decision rule? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)
Reject H0 if z <
b. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round the intermediate values and final answer to 2 decimal places.)
Value of the test statistic
c.What is your decision regarding the null hypothesis? (Click to select)
Cannot reject
Reject
H0 : π ≥ 0.92
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