Edit This Code:
<!DOCTYPE html>
<html>
<body>

<input type="radio" name="colors" value="red" id="myRadio">Red color

<p>Click the buttons below to display and/or change the value of the value attribute of the radio button.</p>

<button onclick="display()">Display name</button>
<button onclick="change()">Change name</button>

<script>
function display() {
    var x = document.getElementById("myRadio").value;
    alert("The value of the radio button is: " + x);
}

function change() {
    var x = document.getElementById("myRadio").value = "newRadioBtnValue";
    alert ("The value was changed to: " + x);
}
</script>

</body>
</html>


Result:
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