When Testing Vs

question 13

Multiple Choice

When testing vs. , the observed value of the z-score was found to be -2.15. What would the p-value for this test be?

• A) 0.0158
• B) 0.0316
• C) 0.9684
• D) 0.9842

---

Definitions:

Price Level

A gauge for the typical prices of products and services in an economy at a certain time.

Batch Process

A manufacturing process where materials or products are produced in groups or quantities within a specified timeframe.

Continuous Process

A production process that operates without interruption for extended periods, commonly used in chemical and energy industries.

Discrete Product-Producing Process

A manufacturing or production process that outputs distinct, separate goods, often in a batch or serialized manner.