Testing the hypothesis, it is found that since the p-value of the test is 0.0042 < 0.01, it can be concluded that the proportion of subjects who respond in favor is different of 0.5.
At the null hypothesis, it is tested if the proportion is of 0.5, that is:
[tex]H_0: p = 0.5[/tex]
At the alternative hypothesis, it is tested if the proportion is different of 0.5, that is:
[tex]H_1: p \neq 0.5[/tex]
The test statistic is given by:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1 - p)}{n}}}[/tex]
In which:
In this problem, the parameters are given by:
[tex]p = 0.5, n = 483 + 398 = 881, \overline{p} = \frac{483}{881} = 0.5482[/tex]
The value of the test statistic is:
[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1 - p)}{n}}}[/tex]
[tex]z = \frac{0.5482 - 0.5}{\sqrt{\frac{0.5(0.5)}{881}}}[/tex]
[tex]z = 2.86[/tex]
Since we have a two-tailed test(test if the proportion is different of a value), the p-value of the test is P(|z| > 2.86), which is 2 multiplied by the p-value of z = -2.86.
Looking at the z-table, z = -2.86 has a p-value of 0.0021.
2(0.0021) = 0.0042
Since the p-value of the test is 0.0042 < 0.01, it can be concluded that the proportion of subjects who respond in favor is different of 0.5.
A similar problem is given at https://brainly.com/question/24330815