In a study of 811 randomly selected medical malpractice​ lawsuits, it was found that 496 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical...

In a study of 811 randomly selected medical malpractice​ lawsuits, it was found that 496 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed.

Hypothesis test to be conducted.

H0 : p = 0.5 / H1 : p > 0.5

A) What is the test statistic?
Z = ?
(Round to two decimal places)

B) What is the P-value?
P-value = ?
(Round to three decimal places)