Question
The test statistic of z = 1.18 is obtained when testing the claim that p # 0.192. Identify the hypothesis test as being two-tailed, left-tailed,
The test statistic of z = 1.18 is obtained when testing the claim that p # 0.192.
- Identify the hypothesis test as being two-tailed, left-tailed, or right-tailed.
- Find the P-value.
- Using a significance level of a = 0.01, should we reject Ho or should we fail to reject Ho?
Click here to view page 1 of the standard normal distribution table.
Click here to view page 2 of the standard normal distribution table.
a. This is a
test.
- P-value =
(Round to three decimal places as needed.) - Choose the correct conclusion below.
- A. Reject Ho. There is not sufficient evidence to support the claim that p # 0.192.
- B. Fail to reject Ho. There is sufficient evidence to support the claim that p # 0.192.
- c. Reject Ho. There is sufficient evidence to support the claim that p # 0.192.
- D. Fail to reject Ho. There is not sufficient evidence to support the claim that p # 0.192.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
978-0077862275
