A decision maker wishes to test the following null and alternative hypotheses using an alpha level equal
Question:
A decision maker wishes to test the following null and alternative hypotheses using an alpha level equal to 0.05:
Z = 1.78
a. Using the test statistic approach, what conclusion should be reached about the null hypothesis?
b. Using the p -value approach, what decision should be reached about the null hypothesis?
c. Will the two approaches (test statistic and p -value) ever provide different conclusions based on the same sample data? Explain.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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