You wish to test the following claim a significance level of α=0.01\displaystyle \alpha={0.01}.

Ho:p=0.48\displaystyle {H}_{{o}}:{p}={0.48}
Ha:p0.48\displaystyle {H}_{{a}}:{p}\ne{0.48}

You obtain a sample of size n=123\displaystyle {n}={123} in which there are 41 successful observations.

  1. What is the test statistic for this sample?
     
    test statistic = Round to 3 decimal places.

  2. What is the p-value for this sample?

    P-value = Use Technology Round to 4 decimal places.

  3. The p-value is...


  4. This test statistic leads to a decision to...


  5. As such, the final conclusion is that...