Exercise · ZW-P-VALUE-005 · ★★☆ Intermediate
Two-sided test with \(z=-2.4\). What is the p-value?
Choose one option.
Show answer
- C. \(0.0164\)
Exercise · ZW-P-VALUE-005 · ★★☆ Intermediate
Choose one option.
\(p=2\,[1-\Phi(2.4)]=2(0.0082)=0.0164\). We use \(|z|\) because both tails count.
The \(p\)-value is the probability \(P\), computed assuming the null hypothesis \(H_0\) is true, of obtaining a result at least as extreme as the one observed.