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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 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.
A) Compute the corresponding standardized sample test statistic. (Enter a number. Round your answer to two decimal places.)
B) Find the P-value of the test statistic. (Enter a number. Round your answer to four decimal places.)
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