Please answer this question using a step by step process and explanation as well as formulas please! Thank you!

212 |- 100% + 1) (4 points) Assume that half of all undergraduate students who drink coffee report that they prefer espresso-based coffee as compared to drip-coffee. A researcher hypothesizes that students in psychology show different distribution of coffee drinking preferences compared to the general population of undergraduate students. In a random sample of 500 psychology students who drink coffee, 330 reported that they preferred espresso-based coffee drinks. Given this information, please conduct the appropriate two-tailed hypothesis test (a = .05). State the null and alternative hypotheses