[Step-by-Step] For a simple random sample, n = 700 and p=0.63. At the 0.025 level, test H_0: π ≤q 0.60 versus H_1:
Question: For a simple random sample, n = 700 and \(p=0.63\). At the \(0.025\) level, test \(H_{0}: \pi \leq 0.60\) versus \(H_{1}: \pi>0.60\).
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