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Conduct a test at the α=0.10 level of significance by determining ?(a) the null and alternative? hypotheses, ?(b) the test? statistic, and? (c) the? P-value. Assume the samples were obtained independently from a large population using simple random sampling.
Test whether p1 > p2. The sample data are x1 = 124, n1 = 249, x2 = 141, and n2 = 312
a) Choose the correct null and alternative hypotheses below.
A. H0: p1=p2 versus H1:p1 = p2
B. H0: p1=p2 versus H1:p1 < p2
C. H0: p1 = 0 versus H1:p1 = 0
D. H0: p1 = 0 versus H1:p1 > p2
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Under perfect competition, at the profit maximizing level of output:
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