Suppose that in a random sample of 240 smartphone users, 160 used an iPhone. Conduct a hypothesis test at significance level 0.02 to test the claim that more than 58% of smartphone users use an iPhone.
State the null hypothesis, the alternative hypothesis, the test statistic, the (P-value or traditional method), and formulate your conclusion.
Null hypothesis: ____________________ (1 points)
Alternative hypothesis: __________________ (1 points)
Test Statistic: (2 points)
p-value value: ________ (2 points)
Conclusion: __________________________________ (2 points)