It Is Claimed That at Most $70 \%$ Of All Local Businesses Last More Than One Year

Multiple Choice

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 $\alpha=0.05$ 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?

A) Reject, since $11>8$ .
B) Do not reject, since $11>8$ .
C) Reject, since $8>4$ .
D) Do not reject, since $8>4$ .