Solution :
Given that,
n = 1000
x = 540
= x / n = 540 / 1000 = 0.54
P0 = 0.50
1 - P0 = 1 - 0.50 = 0.50
z = - P0 / [
P0 * (1 -
P0 ) / n]
= 0.54 - 0.50 / [(0.50 * 0.50) / 1000]
= 2.53
z = 2.53
This is the two tailed test .
P(z > 2.53) = 1 - P(z < 2.53) = 1 - 0.9943 = 0.0057
P-value = 2 * P(z > 2.53) = 2 * 0.0057 = 0.0114
Here
is not given .
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