An analyst is conducting a test involving the following pair of hypotheses: H 0 : p =
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Question:
An analyst is conducting a test involving the following pair of hypotheses:
H 0 : p = 0.50 vs. H 1 : p ≠ 0.50
Alpha is assumed to be 0.05. In a random sample of 200 observations, the sample proportion observed was 0.435. The p-value of the test statistic is _____________.
a. 0.0329
b. 0.0658
c. 0.9671
d. 0.9342
Related Book For
Applied Statistics in Business and Economics
ISBN: 978-0073521480
4th edition
Authors: David Doane, Lori Seward
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