A financial analyst at a fintech company runs a two-tailed o…
A financial analyst at a fintech company runs a two-tailed one-sample proportion z-test to determine whether the company’s loan approval rate differs from the industry standard of 60%. The test returns a test statistic of z=2.15, a p-value of 0.032, and was pre-specified at a significance level of α=0.05. The analyst presents the following five statements. Select all that are TRUE.