What is the test statistic? z=____ (Round to two decimal places as needed.) What
ID: 3326706 • Letter: W
Question
What is the test statistic?
z=____
(Round to two decimal places as needed.)
What is the P-value?
P-value=_____
(Round to four decimal places as needed.)
Explanation / Answer
Solution:-
State the hypotheses. The first step is to state the null hypothesis and an alternative hypothesis.
Null hypothesis: P = 0.00034
Alternative hypothesis: P 0.00034
Note that these hypotheses constitute a two-tailed test. The null hypothesis will be rejected if the sample proportion is too big or if it is too small.
Formulate an analysis plan. For this analysis, the significance level is 0.001. The test method, shown in the next section, is a one-sample z-test.
Analyze sample data. Using sample data, we calculate the standard deviation () and compute the z-score test statistic (z).
= sqrt[ P * ( 1 - P ) / n ]
= 0.000028444
z = (p - P) /
z = - 2.25
where P is the hypothesized value of population proportion in the null hypothesis, p is the sample proportion, and n is the sample size.
Since we have a two-tailed test, the P-value is the probability that the z-score is less than - 2.25 or greater than 2.25.
Thus, the P-value = 0.0244
Interpret results. Since the P-value (0.0244) is greater than the significance level (0.001), we have to accept the null hypothesis.
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