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I'm trying to figure out how did they come up with the answer for the Test...

I'm trying to figure out how did they come up with the answer for the Test Value, and P Vaule. With this in formation provided. is there a formula to figuring out this problem.

Parameter and Hypothesis:  What is the true percentage of all my Facebook Friends who would identify summer as their favorite season?  Hypothesis (po) = 50%

Test Value:  -1.15

po=.50

p (p-hat) = .463

n = 242

P-Value:  0.2502

I want to know the process of how to do this myself

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Expert Solution

milcah answered 1 year ago
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