Use the given information to find the Pvalue Also use a 005

Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis).

Solution

H0 : p=0.742

H1 : p not= 0.742

z= -2.09

It is a two tailed test..

Hence ,

P-value = 0.0183 + 0.0183 = 0.0366 Answer

P<0.742 Hence , failed to reject null hypothesis.