SOLUTION: Find the P-value for the indicated hypothesis test. An airline claims that the no-show rate for passengers booked on its flights is less than 5%. Of 380 randomly selected reserv

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Question 1135467: Find the P-value for the indicated hypothesis test.
An airline claims that the no-show rate for passengers booked on its flights is less than 5%. Of 380 randomly selected reservations, 18 were no-shows. Find the P-value for a test of the airline's claim. Round to 2 decimals.

Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
Ho: p >=0.05
Ha: p< 0.05
test statistic is z=(p hat-p)/sqrt(p*(1-p)/n)
this is (0.047-0.05)/sqrt(p*(1-p)/n)
=-0.003/0.010 which is -0.276
p-value is 0.39