A Random Sample of 150 Observations Was Selected from a Binomial

Short Answer

A random sample of 150 observations was selected from a binomial population, and 87 successes were observed. Do the data provide sufficient evidence to indicate that the population proportion p is greater than 0.5? Use the critical value approach and the p-value approach, and test at = 0.05.
Test statistic = ______________
p-value = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________