The mayor of a town has proposed a plan for the construction ofa new community. A political study took a sample of 1700 voters inthe town and found that 73% of the residents favored construction.Using the data, a political strategist wants to test the claim thatthe percentage of residents who favor construction is more than70%. Testing at the 0.05 level, is there enough evidence to supportthe strategist's claim?
Step 1 of 7: State the null and alternative hypotheses.
Step 2 of 5 :Â Â Find the value of thetest statistic. Round your answer to two decimal places.
Step 3 of 5 : Specify if it is one tailed or two tailed
Step 4 of 5 :Â Â Find theP-value of the test statistic. Round your answer to fourdecimal places.
Step 5 of 5 : Make the decision to reject or fail to reject thenull hypothesis.
State the conclusion of the hypothesis test.