I'm trying to figure out how did they come up with theanswer for the Test Value, and P Vaule. With this in formationprovided. is there a formula to figuring out this problem.
Parameter and Hypothesis: What is the truepercentage of all my Facebook Friends who would identify summer astheir favorite season? Hypothesis (po) = 50%
TestValue:Â -1.15
po=.50
p (p-hat) = .463
n = 242
P-Value:Â 0.2502
I want to know the process of how to do thismyself
