Test at the 0 $\pi$ = 055 and the Alternate Is $\pi$

Multiple Choice

Test at the 0.01 level the statement that 55% of those families who plan to purchase a vacation residence in Florida want a condominium. The null hypothesis is $\pi$ = 0.55 and the alternate is $\pi$ $\neq$ .55. A random sample of 400 families who planned to buy a vacation residence revealed that 228 families want a condominium. What decision should be made regarding the null hypothesis?

A) Do not reject it
B) Reject it
C) Cannot accept nor reject it based on the information given
D) Purchase a condominium.