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Let p represent the population proportion of all employees at a large company who are "very concerned"or "somewhat concerned"about having the money to make their monthly mortgage or rent payment. A local organization would like to assess at a 10% significance level if a majority of all employees are worried about making their mortgage or rent payments, namely, H 0 : p = 0.50 versus H a : p 0.50. A random sample of 20 such employees yields just 8 adults who say they are "very concerned"or "somewhat concerned"about having the money to make their monthly payment.
-Without actually computing it, will the resulting p-value be less than 0.50, equal to 0.50, or more than 0.50?

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Use the following information for questions:
 Let p represent the population proportion of all employees at a large company who are "very concerned"or "somewhat concerned"about having the money to make their monthly mortgage or rent payment. A local organization would like to assess at a 10% significance level if a majority of all employees are worried about making their mortgage or rent payments, namely, H 0 : p = 0.50 versus H a : p > 0.50. A random sample of 20 such employees yields just 8 adults who say they are "very concerned"or "somewhat concerned"about having the money to make their monthly payment.
-Without actually computing it, will the resulting p-value be less than 0.50, equal to 0.50, or more than 0.50?

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The Answer of Use the following information for questions:
 Let p represent the population proportion of all employees at a large company who are "very concerned"or "somewhat concerned"about having the money to make their monthly mortgage or rent payment. A local organization would like to assess at a 10% significance level if a majority of all employees are worried about making their mortgage or rent payments, namely, H 0 : p = 0.50 versus H a : p > 0.50. A random sample of 20 such employees yields just 8 adults who say they are "very concerned"or "somewhat concerned"about having the money to make their monthly payment.
-Without actually computing it, will the resulting p-value be less than 0.50, equal to 0.50, or more than 0.50?

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