Emile has calculated a one-tailed z-statistic of -1.97 and wants to see if it is significant at the 5% significance level.
What is the critical value for the 5% significance level? Answer choices are rounded to the hundredths place.
-1.64
0
-2.33
-1.04
Option A) is correct.
-1.64
Z critical value for left tailed test is -1.64(by using Z table)
Decision rule : Reject H0 if Z test statistic value is < Z critical value .
-1.97<-1.64
Therefore, we reject H0 at 5% significance level.
Emile has calculated a one-tailed z-statistic of -1.97 and wants to see if it is significant...
For a one-tailed test with a 0.05 level of significance, the critical z-statistic is 1.645, but the critical t- statistic is 1.96.
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