You conduct a poll of FIU students in order to determine the percentage of students (p) who agree with the statement “Hot-dogs are one of my favorite foods”. In your poll, you find that 80 out of 100 students agree. You conduct a two-sided hypothesis test where H0: p = 0.7, where p is the proportion of students whose favorite food is hot dogs. Which of the following statements are true: I. You reject the null hypothesis when α = 0.05 II. You reject the null hypothesis when α = 0.01 III. The test statistic (Z) equals Z = +1.5
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