2. (3 points) Suppose in a two-tailed test, the standardized test statistic is z = 2.48 and the significance level is 2%
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2. (3 points) Suppose in a two-tailed test, the standardized test statistic is z = 2.48 and the significance level is 2%
2. (3 points) Suppose in a two-tailed test, the standardized test statistic is z = 2.48 and the significance level is 2%. Answer the following questions: a) What are the critical values? a) CVs= b) What is the p-value of the test? c) Should we reject the null hypothesis? (Yes/No) b) p-value = c)
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