Use the Given Information to Find the P-Value

question 152

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

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Definitions:

Capital Deficiency

A situation where a company's liabilities exceed its assets, indicating financial distress.

Income Ratio

A financial metric that compares different types of income to a common base, such as net income to sales, to evaluate financial performance.

Cash Distribution

The process of distributing or paying out cash from a corporation to its shareholders, often in the form of dividends.

Capital Deficiency

A situation where a company's liabilities exceed its assets, indicating financial distress or bankruptcy risk.