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Please use all 5 places of decimal when working with probabilities and please use at least 3 significant figures when dealing with proportions. For larger numbers, please use two places of decimal.

Of a random sample of 1000 targeted emails sent by KickStarter requesting support for specific crowdfunding campaigns, 60 emails resulted in people supporting the crowdfunding campaign. Use the p-value method and the 10% significance level, test the hypothesis that 5% of all targeted emails result in support for the crowdfunding campaign.

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