Question
Need help with this one Suppose you are testing the hypotheses:H0:= 0.60andHa:> 0.60and your sample proportion is 0.61. From this you determine that your standardized
Need help with this one Suppose you are testing the hypotheses:H0:= 0.60andHa:> 0.60and your sample proportion is 0.61. From this you determine that your standardized statistic is 0.53. What is the correct interpretation of this standardized statistic?
Your observed statistic of 0.53 is 0.61 standard deviations above the mean of the null distribution.
Your observed statistic of 0.61 is 0.53 standard deviations above the mean of the null distribution.
Assuming the null hypothesis is true, the probability you would get an observed statistic of 0.61 or more is 0.53.
Assuming the alternative hypothesis is true, the probability you would get an observed statistic of 0.61 or more is 0.53.
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