Use the Given Information to Find the P-Value

question 108

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 two-tailed test is z = 1.95.

• A) 0.0256; reject the null hypothesis
• B) 0.0512; fail to reject the null hypothesis
• C) 0.0512; reject the null hypothesis
• D) 0.9744; fail to reject the null hypothesis

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Definitions:

Horizontal Analysis

A financial analysis technique that compares historical financial data over a sequence of reporting periods, using a base period to identify trends and growth patterns.

Vertical Analysis

A method of financial statement analysis in which each line item is listed as a percentage of a base figure, facilitating comparisons.

Comparative Balance Sheet

A financial statement that presents the financial position of a company at different points in time, side-by-side, to facilitate comparison.

Plant Assets

Tangible resources that are used in the operations of the business and are not intended for sale to customers.