How to state the decision rule for a significance level

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Reference no: EM13334509

Research in the gaming industry showed that 11% of all slot machines in the United States stop working each year. Short's Game Arcade has 60 slot machines and only 2 failed last year. Use the five-step hypothesis-testing procedure at the 0.02 significance level to test whether this data contradicts the research report.

State the decision rule for 0.02 significance level.

Compute the value of the test statistic

Reference no: EM13334509

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