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Fourteen of 180 publicly traded business services companies failed a test for compliance with Sarbanes-Oxley requirements for financial records and fraud protection.
Assuming that these are a random sample of all publicly traded companies, construct a 95% confidence interval for the overall noncompliance proportion.
The 95% confidence interval
to
Find the p-value for each test statistic.
Test Statistic
p-value
(a) Right-tailed test
t = +1.677
n = 14
(b) Left-tailed test
t = -2.107
n = 5
(c) Two-tailed test
t = -1.865
n = 34
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