Question

Given the hypothesis that ?0:?=0.2 against ?1:?>0.2 (?????) and the test statistics,
?=1.58.
1. Find the p-value.
A. 0.9429
B. 1.886
C. 0.0571
D. 0.1142
E. 0.5793
2. Assuming that the significance level is 0.05, what is the conclusion?
A. Reject the null hypothesis. There is sufficient evidence to support the claim that ?>0.2.
B. Reject the null hypothesis. There is sufficient evidence to warrant rejection the claim that ?>0.2.
C. Fail to reject the null hypothesis. There is not sufficient evidence to warrant rejection the claim that ?>0.2.
D. Fail to reject the null hypothesis. There is sufficient evidence to support the claim that ?>0.2.
E. Fail to reject the null hypothesis. There is not sufficient evidence to support the claim that ?>0.2.

Answer 1