Of a random sample of 187 auditors, 73 indicated some measure of agreement with the statement "Cash flow is an important indication of profitability." Test at the 1% significance level against atwo-sided alternative hypothesis the null hypothesis that one-half of the members of this population would agree with this statement. Also find and interpret the p-value of this test.O A. Reject H, It-Za/2 or reject H, It> Za/2Po(1-Po) 'nPo(1 -Po) Inp-PoO B. Reject H, if< -Z,Po(1-Po) Inp-PoO C. Reject H, if>Z,Po(1-Po) InDetermine the value(s) of - zg, Za, or tzu/2 as appropriate for this test.2.58, - 2.58(Round to two decimal places as needed. Use a comma to separate answers as needed.)Calculate the test statistic.p-Po= - 3.00 (Round to two decimal places as needed.)Po (1-Po) InState the conclusion of this test.Rejectthe null hypothesis. It is not likely that one-half of the members of the population would agree with the statement.What is the p-value of this test?The p-value is(Round to three decimal places as needed.)

Answered: Image /qna-images/answer/596a3013-c75a-4977-a0ef-827ab31f1579.jpg

Of a random sample of 187 auditors, 73 indicated some measure of agreement with the statement "Cash flow is an important indication of profitability." Test at the 1% significance level against a two-sided alternative hypothesis the null hypothesis that one-half of the members of this population would agree with this statement. Also find and interpret the p-value of this test.

Of a random sample of 187 auditors, 73 indicated some measure of agreement with the statement "Cash flow is an important indication of profitability." Test at the 1% significance level against a two-sided alternative hypothesis the null hypothesis that one-half of the members of this population would agree with this statement. Also find and interpret the p-value of this test.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

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