Question

Use the given information to find the p​-value. ​Also, use a 0.05 significance level and state the conclusion about the null hypothesis​ (reject the null hypothesis or fail to reject the null​ hypothesis). With Upper H 1​: pnot equalsthree fifths ​, the test statistic is zequals0.78.

Answer 1

Answer:

We can assume that the statistic is $z_{calc}=0.78$

$p_v = 2* P(z>0.78) = 0.435$

So the p value obtained was a very high value and using the significance level given $\alpha=0.05$ we have $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the true proportion of interest is not different from 3/5

Step-by-step explanation:

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the true proportion is equal to 3/5 or not.:  

Null hypothesis:$p=3/5$  

Alternative hypothesis:$p \neq 3/5$  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)  

The One-Sample Proportion Test is used to assess whether a population proportion $\hat p$ is significantly different from a hypothesized value $p_o$.

Calculate the statistic  

We can assume that the statistic is $z_{calc}=0.78$

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided $\alpha=0.05$. The next step would be calculate the p value for this test.  

Since is a bilateral test the p value would be:

$p_v = 2* P(z>0.78) = 0.435$

So the p value obtained was a very high value and using the significance level given $\alpha=0.05$ we have $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the true proportion of interest is not different from 3/5