assume that the significance level is a001 Use given informa

assume that the significance level is a=0.01. Use given information to find the P-value & the critical value[s]. Use Standard Normal Table With H1: p not equal to 1/2, the test statistic is z = -1.81. What is the P-value? [round 4 dp] What are the critical value[s]? [round 3dp and use commas to separate answers as needed.

Solution

z statistic = -1.81

Two tailed hypothesis test

Alpha = 0.01

Hence The P-Value is 0.070296.

p value = 0.0703

Critical values are = -2.58 to 2.58

The result is not significant at p < 0.01.

assume that the significance level is a=0.01. Use given information to find the P-value & the critical value[s]. Use Standard Normal Table With H1: p not eq

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