Freshman tend to drop Statistics courses during the first week of the semester because the course seems too intimidating. The university administrative staff informs professors that the drop rate is 0.35 so that they can plan accordingly. A statistics professor randomly selects 60 students enrolled in various first year Statistics courses and observes that 28 of them actually dropped the courses. Is there enough evidence to conclude that the drop rate is not 0.35? What is the value of the test statistic? (Use α=0.05)
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