Solved on Mar 03, 2024
Find the P-value for a right-tailed test with test statistic . Use a 0.05 significance level to determine if the null hypothesis should be rejected or failed to be rejected.
STEP 1
Assumptions
1. The test is a right-tailed test.
2. The test statistic given is .
3. The significance level () is 0.05.
STEP 2
The P-value is the probability that the test statistic will be greater than or equal to the observed value, assuming the null hypothesis is true.
STEP 3
To find the P-value, we need to look up the test statistic in the standard normal distribution (Z-table) or use a calculator that provides the cumulative distribution function (CDF) for the standard normal distribution.
STEP 4
The P-value is given by , which is equal to .
STEP 5
Using a Z-table or calculator, find the cumulative probability for .
STEP 6
Subtract the cumulative probability from 1 to find the P-value.
STEP 7
If the P-value is less than the significance level (), we reject the null hypothesis. If the P-value is greater than or equal to the significance level, we fail to reject the null hypothesis.
STEP 8
Let's find the cumulative probability for using a Z-table or calculator.
STEP 9
The cumulative probability for is approximately 0.6985.
STEP 10
Calculate the P-value using the cumulative probability.
STEP 11
Perform the subtraction to find the P-value.
STEP 12
Compare the P-value to the significance level.
STEP 13
Since , we fail to reject the null hypothesis.
The P-value is 0.3015, and since it is greater than the significance level of 0.05, we fail to reject the null hypothesis.
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