Final answer:
The p-value for this hypothesis test is 0.0417. We reject the null hypothesis and conclude that there is sufficient evidence to support the alternative hypothesis.
Step-by-step explanation:
The p-value for this hypothesis test is 0.0417. The p-value represents the probability of obtaining a sample proportion of 0.6160 or an even more extreme value, assuming that the null hypothesis is true. Since the p-value is less than the significance level of 0.025 (divided by 2 for a two-tailed test), we reject the null hypothesis and conclude that there is sufficient evidence to support the alternative hypothesis, which is that the true proportion is greater than 0.58.