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A major credit card company is interested in the proportion of individuals who use a competitor's credit card. Their null hypothesis is H0: p=0.65, and based on a sample they find a sample proportion of 0.70 and a p-value of 0.053. Is there convincing statistical evidence at the 0.05 level of significance that the true proportion of individuals who use the competitor's card is actually greater than 0.65 ?
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