Question 41ptsYou wish to test the following claim (Ha) at a significance level of α=0.05.Ho:p=0.42Ha:p>0.42You obtain a sample of size n=143 in which there are 73 successful observations. For this test, you should NOT use the continuity correction, and you should use the normal distribution as an approximation for the binomial distribution.What is the p-value? Round to 4 decimal places.
Q. Question 41ptsYou wish to test the following claim (Ha) at a significance level of α=0.05.Ho:p=0.42Ha:p>0.42You obtain a sample of size n=143 in which there are 73 successful observations. For this test, you should NOT use the continuity correction, and you should use the normal distribution as an approximation for the binomial distribution.What is the p-value? Round to 4 decimal places.
Question Prompt: Question prompt: What is the p-value for the hypothesis test with a sample size of n=143 and 73 successful observations, without using continuity correction and using the normal distribution approximation?
Calculate Sample Proportion: Calculate the sample proportion p^ by dividing the number of successful observations by the sample size: p^=14373.
Find Standard Error: Find the standard error (SE) using the formula SE=(p∗(1−p))/n, where p is the hypothesized population proportion from H0 and n is the sample size. SE=(0.42∗(1−0.42))/143.
Calculate Z-Score: Calculate the z-score using the formula z=SEp^−p. Substitute the values: z=SE14373−0.42.
Perform Calculations: Perform the calculations: p^=14373≈0.5105, SE=(0.42×(1−0.42))/143≈0.0424, z=0.0424(0.5105−0.42)≈2.1321.
Find P-Value: Find the p-value by looking up the z-score in the standard normal distribution table or using a calculator. The p-value corresponds to the area to the right of the z-score since Ha is p>0.42.
Find P-Value: Find the p-value by looking up the z-score in the standard normal distribution table or using a calculator. The p-value corresponds to the area to the right of the z-score since Ha is p>0.42.The p-value is found to be approximately 0.0166 after looking up a z-score of 2.1321 in the standard normal distribution table.