For a Lower-Tail Test, the P-Value in the Output from an Excel

question 40

Multiple Choice

For a lower-tail test, the p-value in the output from an Excel tool:

• A) is correct if the test-statistic is negative.
• B) is the difference from 1.0 if the test-statistic is negative.
• C) is correct if the test-statistic is zero.
• D) is correct if the test-statistic is positive.

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Definitions:

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An individual in business for themselves, who provides services to others under terms specified in a contract or agreement.

Control Over Work

The authority to direct and manage how a job or task is executed.

IRS Determination

An official decision made by the Internal Revenue Service on a specific tax matter.

Principal-Agent Relationship

A legal relationship where one party (the agent) acts on behalf of another party (the principal) in business transactions.