Answer:
z≈3.16
p≈0.001
we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.
Step-by-step explanation:
As a result of step 2, we can assume normal distribution for the null hypothesis
step 3:
z statistic is computed as follows:
z=[tex]\frac{X-M}{\frac{\sqrt{p*(1-p)} }{\sqrt{N} } }[/tex] where
z=[tex]\frac{0.75-0.50}{\frac{\sqrt{0.5*(0.5)} }{\sqrt{40} } }[/tex] ≈ 3.16
And corresponding p value for the z-statistic is p≈0.001.
Since p<0.05, we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.