Considering the p-value of the test, it is found that there is not enough evidence to conclude that the proportion of defective parts made on the old assembly line is greater than that of the new assembly line.
At the null hypothesis, it is tested that the proportion of defective parts made on the old assembly line is not greater than that of the new assembly line, that is:
[tex]H_0: p_O = p_N[/tex]
At the alternative hypothesis, it is tested if the proportion is greater, that is:
[tex]H_1: p_O > p_N[/tex]
The p-value is greater than the standard significance level of 0.05, hence we do not reject the null hypothesis, that is, there is not enough evidence to conclude that the proportion of defective parts made on the old assembly line is greater than that of the new assembly line.
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