The test statistic of z=−1.53 is obtained when testing the claim that p=1/2. a. Using a...
The test statistic of
z=−1.53
is obtained when testing the claim that
p=1/2.
a. Using a significance level of
alphaαequals=0.01
find the critical value(s).
b. Should we reject
Upper Ho
or should we fail to reject
Upper H 0H0?
Homework Answers
Solution :
Given that,
This is the two tailed test ,
z = -1.53
= 0.01
Critical values are : -2.326 , +2.326
Fail to reject the null hypothesis .
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