P1 = Proportion of successful outcoe in sample = S1 / N1 (Out of 1) (e .g. 25% = 0.25).
P2 = Known / hypothetical proportion against which P1 is to be compared (Out of 1) (e .g. 25% = 0.25).
Z 1-α = the standard normal deviate corresponding the confidence level
Φ(x)=P(Z ≤ x). It is the cumulative distribution function (CDF) of normal distribution. Simply, it is the area of the standard normal curve towards left side of x.