hello, I wanted to know why the one-sample z-test for proportions is used instead of just using the binomial formula to find p-vales? I also wanted to ask, should we always use the binomial formula to find p-values when we have a binomial random variable and one population even if the sample size is "large"? Why?
I'm pretty stumped on both of these questions. I know that When the sample size is large, we use the one-sample z-test, and when it is small we typically use the binomial formula to find the p-values.
I would greatly appreciate any help!
I'm pretty stumped on both of these questions. I know that When the sample size is large, we use the one-sample z-test, and when it is small we typically use the binomial formula to find the p-values.
I would greatly appreciate any help!