A headline read, "More Than Half of Americans Say Federal Taxes Too High." The headline was based on a random sample of 1241 adult Americans in which 640 stated the amount of federal tax they have to pay is too high. Is this an accurate headline? Assume the x = 0.01 level of significance. ... Identify the null and alternative hypotheses for this test. A. Ho: p=0.50 OB. Ho: p=0.50 H₁: p>0.50 H₁: p<0.50 D. Ho:p>0.50 H₁: p=0.50 O E. Ho: p<0.50 H₁: p=0.50 Find the test statistic for this hypothesis test. z = 1.11 (Round to two decimal places as needed.) Determine the P-value for this hypothesis test. P-value = 0.134 (Round to three decimal places as needed.) State the conclusion for this hypothesis test. O C. Ho: p= 0.50 H₁: p0.50 OF. Ho:p #0.50 H₁: p=0.50 Reject Ho. There is not sufficient evidence at the α = 0.01 level of significance to conclude that of Americans say that federal taxes are too high.

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State the conclusion for this hypothesis test. _______ Ho. There is ______ sufficient evidence that at the a=0.01 level of significance to conclude that _______ of Americans say that federal taxes are too high.
A headline read, "More Than Half of Americans Say Federal Taxes Too High." The headline was based on a random
sample of 1241 adult Americans in which 640 stated the amount of federal tax they have to pay is too high. Is this an
accurate headline? Assume the x = 0.01 level of significance.
Identify the null and alternative hypotheses for this test.
A. Ho: p=0.50
H₁: p>0.50
D. Ho:p>0.50
H₁: p=0.50
OB. Ho: p=0.50
H₁: p<0.50
O E. Ho: p<0.50
H₁: p=0.50
Find the test statistic for this hypothesis test.
z = 1.11 (Round to two decimal places as needed.)
Determine the P-value for this hypothesis test.
P-value = 0.134 (Round to three decimal places as needed.)
State the conclusion for this hypothesis test.
C. Ho: p=0.50
H₁:p #0.50
OF. Ho: p *0.50
H₁: p=0.50
Reject Ho. There is not sufficient evidence at the x = 0.01 level of significance to conclude that
of Americans say that federal taxes are too high.
Transcribed Image Text:A headline read, "More Than Half of Americans Say Federal Taxes Too High." The headline was based on a random sample of 1241 adult Americans in which 640 stated the amount of federal tax they have to pay is too high. Is this an accurate headline? Assume the x = 0.01 level of significance. Identify the null and alternative hypotheses for this test. A. Ho: p=0.50 H₁: p>0.50 D. Ho:p>0.50 H₁: p=0.50 OB. Ho: p=0.50 H₁: p<0.50 O E. Ho: p<0.50 H₁: p=0.50 Find the test statistic for this hypothesis test. z = 1.11 (Round to two decimal places as needed.) Determine the P-value for this hypothesis test. P-value = 0.134 (Round to three decimal places as needed.) State the conclusion for this hypothesis test. C. Ho: p=0.50 H₁:p #0.50 OF. Ho: p *0.50 H₁: p=0.50 Reject Ho. There is not sufficient evidence at the x = 0.01 level of significance to conclude that of Americans say that federal taxes are too high.
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