Answer:
The level of significance observed is 0.99154
Step-by-step explanation:
Assuming that in a sample of size 50 people stated that they do not like the snack (p = 17/50), you have:
Proportion in the null hypothesis [tex]\pi_0=0.5[/tex]
Sample size [tex]n=50[/tex]
Sample proportion [tex]p=17/50=0.34[/tex]
The expression for the calculated statistic is:
[tex] = \frac{(p - \pi_0)\sqrt{n}}{\sqrt{\pi_0(1-\pi_0)}}[/tex]
[tex]= \frac{(0.34 - 0.5)\sqrt{50}}{\sqrt{0.34(0.66)}} = -2,38833[/tex]
The level of significance observed is obtained from the value of the statistic calculated:
[tex]P(Z>Z_{calculated}) = 0.99154[/tex]