Answer Happy

13. A study by Hewitt Associates showed that 79% of companies offer employees flexible scheduling. Suppose a researcher believes that in accounting firms this figure is lower. To test this belief, the research set up the following hypotheses: HO: p= 79 Ha: p<.79, where p is the proportion of the accounting firms that offer flexible scheduling. The researcher took a random sample of accounting firms and found that the test statistic is -1.56. At 5% level of significance level, what is the correct conclusion of the test? O Do not reject the null hypothesis (HO) The alternative hypothesis (Ha) should be rejected. The null hypothesis (HO) should be rejected. The null hypothesis (HO) should be accepted.