Hypothesis:
Test statistic,
Degrees of freedom = n - 1 = 20 - 1 = 19
P-value = 0.1353 It is obtained using excel with function =TDIST(1.56,19,2)
Now we obtain p- value using t table:
Consider following t table for two tailed hypothesis:
Now go to degrees of freedom = 19 and find the two number such that calculated absolute value of test statistic lies between them.
Here absolute value of test statistic is 1.56 which lies between 1.328 and 1.729. Now for that corresponding columns see the p value given is metioned in the heading of the column.
Here it is 0.20 and 0.10 Hence
0.10 < p-value < 0.20
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...