A survey of all medium- and large-sized corporations showed that60%of them offer retirement plans to their employees. Letp^be the proportion in a random sample of70such corporations that offer retirement plans to their employees. Find the probability that the value ofp^will be greater than0.68.

Round your answer to four decimal places.

P(p^> 0.68) =

I used the formula for z = p^ - p/standard deviation p^ and got 0.0586

Is this correct?

Thank you.