The business college computing center wants to determine the proportion of business students who have laptop computers. If the proportion differs from 2525​%, then the lab will modify a proposed enlargement of its facilities. Suppose a hypothesis test is conducted and the test statistic is 2.42.4. Find the​ p-value for a​ two-tailed test of hypothesis.

Respuesta :

Answer:

For this case the statistic is given [tex] z_{calc}= 2.4[/tex]

Since is a bilateral test the p value would be:  

[tex]p_v =2*P(z>2.4)=0.0164[/tex]  

Step-by-step explanation:

Data given and notation

n represent the random sample taken

[tex]\hat p[/tex] estimated proportion of interest

[tex]p_o=0.25[/tex] is the value that we want to test

[tex]\alpha[/tex] represent the significance level

z would represent the statistic (variable of interest)

[tex]p_v[/tex] represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the true proportion is 0.25 or no.:  

Null hypothesis:[tex]p=0.25[/tex]  

Alternative hypothesis:[tex]p \neq 0.25[/tex]  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

[tex]z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}[/tex] (1)  

The One-Sample Proportion Test is used to assess whether a population proportion [tex]\hat p[/tex] is significantly different from a hypothesized value [tex]p_o[/tex].

Calculate the statistic  

For this case the statistic is given [tex] z_{calc}= 2.4[/tex]

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

Since is a bilateral test the p value would be:  

[tex]p_v =2*P(z>2.4)=0.0164[/tex]