assume that the signinificance level is a001 use the given i

assume that the signinificance level is a=0.01. use the given information to find the P-value and critical value (s)

With H1: p=3/5, the test statistic is z=-1.49

P value round to four places  .....

the critcal values is/are

Solution

As

H1: p =/= 3/5

Then we see that it is a two tailed test.

SO, getting the two tailed area for z = -1.49, using table/technology,

P value = 0.136224236 [ANSWER]

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Meanwhile, for two tailed 0.01 test, the critical values are

zcrit = -2.575829304, 2.575829304 [ANSWER]

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Thus, as P > 0.01, we fail to reject Ho.