A new cream that advertises that it can reduce wrinkles and improve skin was subject to a recent study. A sample of 53 women over the age of 50 used the new cream for 6 months. Of those 53 women, 44 of them reported skin improvement (as judged by a dermatologist). Is this evidence that the cream will improve the skin of more than 50% of women over the age of 50? Test using α= 0.05.
Test statistic: = _____