Use the Given Information to Find the P -Value

question 52

Multiple Choice

Use the given information to find the P -value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis) . The test statistic in a right-tailed test is z=0.52 .

• A) 0.6030 ; fail to reject the null hypothesis
• B) 0.3015 ; reject the null hypothesis
• C) 0.0195 ; reject the null hypothesis
• D) 0.3015 ; fail to reject the null hypothesis

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Definitions:

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A gambling game found in carnivals and casinos, where players bet on which numbered or colored slot a spinning ball will land on.

Cost to Play

The amount of money required to participate in an activity, game, or to pursue a certain action.

Gain

An increase in wealth, assets, or value, often resulting from investment or business operations.

Lose

To be deprived of something one once had or to fail to win in a competition or conflict.