Assume that the significance level is 005 Use the given stat

Assume that the significance level is =0.05. Use the given statement and find the P-value and critical value(s). The test statistic of z=1.59 is obtained when testing the claim that p= 1/4.

P=?

(Round to four decimal places as needed.)

The critical value(s) is/are?

(Round to three decimal places as needed. Use a comma to separate answers as needed.)

Solution

Assume that the significance level is =0.05. Use the given statement and find the P-value and critical value(s). The test statistic of z=1.59 is obtained when testing the claim that p= 1/4.

This is two sided test

P= 0.1118

(Round to four decimal places as needed.)

The critical value(s) is/are ( -1.96, 1.96)

(Round to three decimal places as needed. Use a comma to separate answers as needed.)