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:

Scenario Forecasting

A planning technique involving the analysis of future conditions by considering alternative possible outcomes or scenarios, typically to aid in decision-making.

Pessimistic Scenarios

Situations that are imagined or forecasted, based on negative outcomes or the worst possible circumstances.

Simple Regression

A statistical method used to understand and quantify the relationship between two quantitative variables, typically involving one independent variable and one dependent variable.

Independent Variable

In research and statistics, the variable that is manipulated to observe its effect on a dependent variable.