A random sample of 100 observations is selected from a binomial population with unknown probability of success, p. The computed value of p^ is equal to .56. Find the observed levels of significance in a test of H0: $\hat { p }$ = .5 against Ha: p .5. Interpret the result.

Question

A random sample of 100 observations is selected from a binomial population with unknown probability of success, p. The computed value of p^ is equal to .56. Find the observed levels of significance in a test of H0: $\hat { p }$ = .5 against Ha: p > .5. Interpret the result.

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The Answer of A random sample of 100 observations is selected from a binomial population with unknown probability of success, p. The computed value of p^ is equal to .56. Find the observed levels of significance in a test of H0: $\hat { p }$ = .5 against Ha: p > .5. Interpret the result.

A Random Sample of 100 Observations Is Selected from a Binomial