Patrick B. answered 04/23/19
Math and computer tutor/teacher
σ = sqrt[ P * ( 1 - P ) / n ]
test stat is (p-P)/σ
σ = sqrt( 0.5 * (1-0.5)/ 112]=0.0472455591261534+
the test stats are (0.277 - 0.5)/σ = -4.7190183...
(0.723 - 0.5)/σ = 4.72002...
REJECT the null hypothesis, as there is strong statistical evidence of bias, as expected