Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

est the hypothesis using the P-value approach. Be sure to verify the requirements of the test. Upper H 0: pequals0.3 versus Upper H 1: pgreater

est the hypothesis using the P-value approach. Be sure to verify the requirements of the test. Upper H 0: pequals0.3 versus Upper H 1: pgreater than0.3 nequals125; xequals48; alphaequals0.1 Click here to view page 1 of the table.LOADING...Click here to view page 2 of the table.LOADING... Question content area bottom Part 1 Calculate the test statistic, z 0. z 0equals 2.05 (Round to two decimal places as needed.) Part 2 Identify the P-value. P-valueequals 0.020 (Round to three decimal places as needed.) Part 3 Choose the correct result of the hypothesis test for the P-value approach below. A. Do not reject the null hypothesis, because the P-value is greater than alpha. B. Reject the null hypothesis, because the P-value is less than alpha. C. Reject the null hypothesis, because the P-value is greater than alpha. D. Do not reject the null hypothesis, because the P-value is less than alpha

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business Mathematics With Canadian Applications

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

12th Edition

0135285011, 978-0135285015

More Books

Students also viewed these Mathematics questions