From the information given, it is found that the value of the test statistic is z = -11.97.
At the null hypothesis, it is tested if the proportion is of at least 95%, that is:
[tex]H_0: p \geq 0.95[/tex]
At the alternative hypothesis, it is tested if the proportion is of less than 95%< that is:
[tex]H_1: p < 0.95[/tex]
The test statistic is given by:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1 - p)}{n}}}[/tex]
In which:
[tex]\overline{p}[/tex] is the sample proportion.
p is the value tested at the null hypothesis.
n is the sample size.
In this problem, we have that the parameters are:
[tex]\overline{p} = 0.87, p = 0.95, n = 1063[/tex].
Thus, the value of the test statistic is:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1 - p)}{n}}}[/tex]
[tex]z = \frac{0.87 - 0.95}{\sqrt{\frac{0.95(0.05)}{1063}}}[/tex]
[tex]z = -11.97[/tex]
The value of the test statistic is z = -11.97.
A similar problem is given at https://brainly.com/question/24166849