Use the following information to answer the question. A manager at a large office supply store believes that her supply of pencils has a defect rate that is higher than the defect rate stated by the manufacturer. The manager's null hypothesis is that the supply of pencils has a defect rate of p = 0.025 (the pencil manufacturer's stated defect rate). Suppose we do a test with a significance level of 0.05. Symbolically, the null and alternative hypothesis are as follows: H0: p = 0.025 and Ha: p > 0.025.
-Suppose the store manager tests 150 pencils and finds that 9 are defective. Calculate the z test statistic. Round to the nearest hundredth.
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