Use the Given Information to Find the P-Value

question 1

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 left-tailed test is z = -2.05.

• A) 0.4798; fail to reject the null hypothesis
• B) 0.0453 fail to reject the null hypothesis
• C) 0.0404; reject the null hypothesis
• D) 0.0202; reject the null hypothesis

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Definitions:

Principal Repayment

The portion of a loan payment that goes toward reducing the original amount borrowed, not including interest.

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.

Debt Repayment

The act of paying back money previously borrowed from a lender, typically according to a prearranged payment schedule.