A drug company wants to know whether the probability is really 0.20 that one of their products will produce side effects

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answerhappygod
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A drug company wants to know whether the probability is really 0.20 that one of their products will produce side effects

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A drug company wants to know whether the probability is really
0.20 that one of their products will produce side effects. In a
random sample of 150 consumers of the product, 42 were victims of
side effects. Conduct a one-tailed test where the alternative is
that the probability is greater than 0.20. Use α = 0.01.
What is the p-value to reject the null
hypothesis H0:p=0.20?
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