The probability that a fair spinner lands on 3 is 14\displaystyle \frac1441.
In 12 spins, find the probability of exactly two 3s and the probability of more than four 3s. Alex then believes the probability is greater than 14\displaystyle \frac1441 after 15 of 40 spins are 3s. For part (b), use H0:p=14\displaystyle H_0:p=\frac14H0:p=41, H1:p>14\displaystyle H_1:p>\frac14H1:p>41 and Y∼B(40,14)\displaystyle Y\sim B(40,\frac14)Y∼B(40,41) under H0H_0H0.
Calculate the exact p-value.
State the decision at the 5% level and give a conclusion in context.