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the loan dept believes that the probability that the first-time borrowers take out smaller loans than...

the loan dept believes that the probability that the first-time borrowers take out smaller loans than other borrowers is 0.34. the loan dept performs a hypothesis test to determine if the probability is the same or different from 0.34. They sample 113 first-time borrowers and find 82 of these loans are smaller that the other borrowers. find the test statistics to test the null hypothesis H0: p = 0.34 against the alternative hypothesis Ha: p ≠ 0.34?

Math   Statistics-And-Probability   
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