It is claimed that at most 70% of all local businesses last more than one year. the null hypothesis p = 0.70 is tested against the alternative p > 0.70 at α = 0.05 for a sample size of n = 11. suppose eight of the businesses lasted more than one year. which of the following decisions should be made regarding the null hypothesis? do not reject, since 8 > 4.do not reject, since 11> 8.reject, since 11> 8.reject, since 8 > 4.