.Consider the following hypothesis test:

H0: p	=	0.5
Ha: p		0.5

A sample of 600 provided a sample proportion of 0.59.

(a)Determine the standard error of the proportion. (Round your answer to five decimal places.)

(b)Compute the value of the test statistic. (Round your answer to two decimal places.) (c)Determine the p-value, and using = 0.05, test the hypotheses.Find the p-value. (Round your answer to four decimal places.) State your conclusion: Do not reject H₀. There is sufficient evidence to conclude p differs from 0.5. Reject H₀. There is insufficient evidence to conclude p differs from 0.5. Reject H₀. There is sufficient evidence to conclude p differs from 0.5. Do not reject H₀. There is insufficient evidence to conclude p differs from 0.5.