[zaik]

Reminder that the p-value of a test is NOT the probability of H0 being true, see [0]. It only shows that, if we assume a significance of 0.05 we cannot reject the hypothesis (in our case that 89/200 is the result of a binomial distribution with p=.5).

[0] https://en.wikipedia.org/wiki/Misuse_of_p-values#Clarificati...

[wnoise]

Yes. That is what I said and how I interpreted it. If the split is even (H0 true), getting a result that lopsided is a 1-out-7 deal.

It's rare that a p-value is what you want, but for answering "how unusual is this case", it's the exact right tool for the job.

[hntrader]

It only shows the probability of observing either that statistic, or something even more extreme, under the null distribution. The implication that we can then "reject the null hypothesis" is more parlance and heuristic than anything.