In: Statistics and Probability
Null and Alternative hypothesis:
Ho: p = 0.6
versus
Ha: p ≠0.6
This corresponds to two tail Z test for proportion.
Test statistics:
We get a z-score of 1.21 . Because this is a two-sided test, we have to look at the left tail as well as right tail to find the p-value, i.e. we calculate probabilty in both direction: P(|Z|>1.21)= Area on left of -1.21 and on right of 1.21.
P(Z>1.21) in the Z table is computed as follows :
P ( Z>1.21 )=1 − P ( Z<1.21 )
=1 − 0.8869
=0.1131
Were, P ( Z<1.21 ) computed as
Also, P(Z<-1.21) = P(Z>1.21) = 0.1131
Hence, P-value = 2* 0.1131 = 02262