What is the rejection region

Reference no: EM13177632

A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,963 firms, 610 announced one or more acquisitions during the year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 25%? Use a =0.01to make your decision.

What are the hypotheses for this test

H0: p=0.25
Ha: p<0.25

What is the rejection region?

Reference no: EM13177632

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