Assume that the significance level is a001 Use the given inf

Assume that the significance level is a=0.01. Use the given information to find the P-value and the critical value(s).

With H1: P 1/2, the test statistic is z = -1.45

P- value =

The critical value(s) is /are =

Solution

pvalue = 0.1471 excel function used is 2*normsdist(-1.45)

critical value = -2.576 , 2.576