In a Normal Approximation to the Sign Test, the Standardized

question 2

Multiple Choice

In a normal approximation to the sign test, the standardized test statistic is calculated as z = -1.58. To test the alternative hypothesis that the location of population 1 is to left of the location of population 2, what would be the p-value of the test?

• A) 0.0571
• B) 0.1142
• C) 0.2215
• D) 0.2284

---

Definitions:

Creditor

An individual or institution that lends money or extends credit to another party, known as the debtor.

Lien

A legal right or interest that a lender holds in the debtor's property, serving as security for the repayment of a debt.

Chapter 11

A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure debt under court supervision while continuing operations.

Plan of Reorganization

A financial and operational strategy used by companies emerging from bankruptcy to restructure and revitalize their operations, debt, and equity.