Test the hypothesis using the P-value approach. Be sure to verify the requirements of the test. Ho: p=0.88 versus H₁: p0.88 n=500, x=430, α = 0.05 p= 0.86 (Type an integer or a decimal. Do not round.) Find the test statistic Zo Zo 1.38 (Round to two decimal places as needed.) Find the P-value. P-value = (Round to three decimal places as needed.) Help me solve this View an example # Type here to search O Get more help. Bi a (?) Clear all 4 94°F Mostly sunny Ch AC

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**Hypothesis Testing Using the P-value Approach**

Objective: Test the hypothesis using the P-value approach. Be sure to verify the requirements of the test.

Given:

- Null hypothesis (H₀): p = 0.88
- Alternative hypothesis (H₁): p ≠ 0.88
- Sample size (n): 500
- Number of successes (x): 430
- Significance level (α): 0.05

Step 1: Calculate the sample proportion (\(\hat{p}\)):
\[
\hat{p} = 0.86 \quad \text{(Type an integer or a decimal. Do not round.)}
\]

Step 2: Find the test statistic (\(z_0\)):
\[
z_0 = -1.38 \quad \text{(Round to two decimal places as needed.)}
\]

Step 3: Find the P-value:

\[ 
\text{P-value} = \_ \_ \_ \quad \text{(Round to three decimal places as needed.)}
\]

For additional support:

- "Help me solve this"
- "View an example"
- "Get more help"

**Note:** Below these instructions, there is a toolbar with options, and a "Clear all" button for convenience. At the bottom, it shows that the current weather is "Mostly sunny" with a temperature of 94°F.
Transcribed Image Text:**Hypothesis Testing Using the P-value Approach** Objective: Test the hypothesis using the P-value approach. Be sure to verify the requirements of the test. Given: - Null hypothesis (H₀): p = 0.88 - Alternative hypothesis (H₁): p ≠ 0.88 - Sample size (n): 500 - Number of successes (x): 430 - Significance level (α): 0.05 Step 1: Calculate the sample proportion (\(\hat{p}\)): \[ \hat{p} = 0.86 \quad \text{(Type an integer or a decimal. Do not round.)} \] Step 2: Find the test statistic (\(z_0\)): \[ z_0 = -1.38 \quad \text{(Round to two decimal places as needed.)} \] Step 3: Find the P-value: \[ \text{P-value} = \_ \_ \_ \quad \text{(Round to three decimal places as needed.)} \] For additional support: - "Help me solve this" - "View an example" - "Get more help" **Note:** Below these instructions, there is a toolbar with options, and a "Clear all" button for convenience. At the bottom, it shows that the current weather is "Mostly sunny" with a temperature of 94°F.
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