SOLVED: a. Test the claim using a hypothesis test.What are the null and alternative hypotheses for the hypothesis test?A. H₀: p₁ ≥ p₂, H₁: p₁ ≠ p₂B. H₀: p₁ ≠ p₂, H₁: p₁ = p₂C. H₀: p₁ = p₂, H₁: p₁ > p₂D. H₀: p₁ = p₂, H₁: p₁ < p₂E. H₀: p₁ ≤ p₂, H₁: p₁ ≠ p₂Identify the test statistic.z = 1.18 (Round to two decimal places as needed.)Identify the P-value.P-value = 0.239 (Round to three decimal places as needed.)What is the conclusion based on the hypothesis test?The P-value is greater than the signif

Null Hypothesis Definition and Examples, How to State

Null Hypothesis: What Is It and How Is It Used in Investing?