Bill Performs a Two-Tailed Test Regarding a Population Proportion, Obtains

question 78

Essay

Bill performs a two-tailed test regarding a population proportion, obtains a P-value of 0.06 and fails to reject the null hypothesis. If the test had been one-tailed (and based on the same sample data), what would the P-value have been? Would he have reached the same conclusion?

---

Definitions:

Joint Products

Multiple products that are produced from the same process or material inputs, where separation of the products occurs at a split-off point.

Common Input

Resources used in the production process that are shared among different products or services.

Nonproductive Time

Periods when production or work is not being done, often due to machine downtime, maintenance, or breaks.

Bottleneck Operation

A stage in a production process that causes a slowdown due to limited capacity, affecting the overall efficiency and output of the process.