A business researcher has condicted a hypothesis est and obt

A business researcher has condicted a hypothesis est and obtained an observed z value of 1.47. The p-value for this observed z is:

A) 0.4292 B) 0.2138 C) 0.0915 D) 0.0708

Solution

Q1.
TWO TAILED

Test statistic
Zo = 1.47
P-Value : Two Tailed ( double the one tail ) - Ha : ( P != 1.47 ) = 0.1416

ONE TAILED
Test statistic
Zo = 1.47
P-Value : Right Tail - Ha : ( P > 1.47 ) = 0.0708