A random sample of 40 binomial trials resulted in 16 successes. Test the claim that the population proportion of successes does not equal 0.50. Use a level of significance of 0.05.

) Can a normal distribution be used for the p distribution? Explain.

State the hypotheses.

Compute p.

Compute the corresponding standardized sample test statistic. (Round your answer to two decimal places.)

Find the P-value of the test statistic. (Round your answer to four decimal places.)