Find the Pvalue for the indicated hypothesis test with the g
Find the P-value for the indicated hypothesis test with the given standardized test statistic, z. Decide whether to reject Ho for the given level of significance a.
Two-tailed test with test statistic z= -1.96 and a= 0.06
P-value=??? (Round to four decimal places as needed.)
State your conclusion.
A) Reject Ho
B) Fail to reject Ho
Do in 30 minutes please!
Solution
for z = -1.96
p value is 0.025
since is 2 tailed we need to find alpha/2 = 0.03
since p value is lower than alpha/2 we reject Ho
