Answer:
The value of the test statistic and its associated p-value at the 5% significance level are -1.54 and 0.9382, respectively.
Step-by-step explanation:
A university interested in tracking its honors program believes that the proportion of graduates with a GPA of 3.00 or below is less than 0.16.
This means that the null hypothesis is:
![H_{0}: p \geq 0.16](https://tex.z-dn.net/?f=H_%7B0%7D%3A%20p%20%5Cgeq%200.16)
Testing this hypothesis, means that the alternate hypothesis is:
![H_{a}: p > 0.16](https://tex.z-dn.net/?f=H_%7Ba%7D%3A%20p%20%3E%200.16)
The test statistic is:
![z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}](https://tex.z-dn.net/?f=z%20%3D%20%5Cfrac%7BX%20-%20%5Cmu%7D%7B%5Cfrac%7B%5Csigma%7D%7B%5Csqrt%7Bn%7D%7D%7D)
In which X is the sample mean,
is the value tested at the null hypothesis,
is the standard deviation and n is the size of the sample.
0.16 is tested at the null hypothesis:
This means that ![\mu = 0.16, \sigma = \sqrt{0.16*0.84}](https://tex.z-dn.net/?f=%5Cmu%20%3D%200.16%2C%20%5Csigma%20%3D%20%5Csqrt%7B0.16%2A0.84%7D)
In a sample of 200 graduates, 24 students have a GPA of 3.00 or below.
This means that ![n = 200, X = \frac{24}{200} = 0.12](https://tex.z-dn.net/?f=n%20%3D%20200%2C%20X%20%3D%20%5Cfrac%7B24%7D%7B200%7D%20%3D%200.12)
Value of the test statistic:
![z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}](https://tex.z-dn.net/?f=z%20%3D%20%5Cfrac%7BX%20-%20%5Cmu%7D%7B%5Cfrac%7B%5Csigma%7D%7B%5Csqrt%7Bn%7D%7D%7D)
![z = \frac{0.12 - 0.16}{\frac{\sqrt{0.16*0.84}}{\sqrt{200}}}](https://tex.z-dn.net/?f=z%20%3D%20%5Cfrac%7B0.12%20-%200.16%7D%7B%5Cfrac%7B%5Csqrt%7B0.16%2A0.84%7D%7D%7B%5Csqrt%7B200%7D%7D%7D)
![z = -1.54](https://tex.z-dn.net/?f=z%20%3D%20-1.54)
Pvalue:
The pvalue is the probability of finding a sample mean above 0.12, which is 1 subtracted by the pvalue of z = -1.54.
Looking at the z-table, z = -1.54 has a pvalue of 0.0618
1 - 0.0618 = 0.9382
The value of the test statistic and its associated p-value at the 5% significance level are -1.54 and 0.9382, respectively.