You wish to test H0 p SolutionFormulating the null and alter
     You wish to test H0: p  
  
  Solution
Formulating the null and alternatuve hypotheses,          
           
 Ho:   p   >=   0.67
 Ha:   p   <   0.67
 As we see, the hypothesized po =   0.67      
 Getting the point estimate of p, p^,          
           
 p^ = x / n =    0.612745098      
           
 Getting the standard error of p^, sp,          
           
 sp = sqrt[po (1 - po)/n] =    0.032921475      
           
 Getting the z statistic,          
           
 z = (p^ - po)/sp =    -1.73913537 = -1.74   [ANSWER, TEST STATISTIC]  
           
 *************************
As this is a    LEFT   tailed test, then, getting the p value,  
           
 p =    0.041005477   [ANSWER]  

