A well-known brokerage firm executive claimed that at least 46 % of investors are currently confident of meeting their investment goals. An ABC Investor Survey, conducted over a two week period, found...

A well-known brokerage firm executive claimed that at least 46 % of investors are currently confident of meeting their investment goals. An ABC Investor Survey, conducted over a two week period, found that out of 98 randomly selected people, 48 of them said they are confident of meeting their goals.


Suppose you have the following null and alternative hypotheses for a test you are running:


H0:p=0.46
Ha:p>0.46


Calculate the test statistic (round to 3 decimal places)