We are given the following hypothesis: H0: p = 0.6; Ha: p≠ 0.6. The sample size is 5000. For what sample proportion would the p-value be equal to 0.01 using Z = 2.58.
Added by Lin G.
Step 1
In this case, we are given that Z = 2.58, p0 = 0.6, and n = 5000. We are asked to find p̂ such that the p-value is 0.01. We can rearrange the Z-score formula to solve for p̂: Show more…
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