A researcher is investigating a government claim that the unemployment rate is less than 5%. To test this claim, a random sample of 1500 people is taken and its determined that 61 people are unemployed.

The following is the setup for this hypothesis test:

H0:p=0.05

Ha:p<0.05

Find the p-value for this hypothesis test for a proportion and round your answer to 3 decimal places.

The following table can be utilized which provides areas under the Standard Normal Curve:

z	0.00	0.01	0.02	0.03	0.04	0.05	0.06	0.07	0.08	0.09
-1.9	0.029	0.028	0.027	0.027	0.026	0.026	0.025	0.024	0.024	0.023
-1.8	0.036	0.035	0.034	0.034	0.033	0.032	0.031	0.031	0.030	0.029
-1.7	0.045	0.044	0.043	0.042	0.041	0.040	0.039	0.038	0.038	0.037
-1.6	0.055	0.054	0.053	0.052	0.051	0.049	0.048	0.047	0.046	0.046
-1.5	0.067	0.066	0.064	0.063	0.062	0.061	0.059	0.058	0.057	0.056
-1.4	0.081	0.079	0.078	0.076	0.075	0.074	0.072	0.071	0.069	0.068

Provide your answer below:

$$P-value =

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