document.write( "Question 181239: Hi,\r
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document.write( "can you please explain the steps (formulas) \"in detail\" of finding the p-value uaing a z-test, and a one tailed test and a two tailed test.\r
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document.write( "Ex: z= 1764 -1750/ 70/ sqrt 150 = 2.4494 ~ 2.449\r
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document.write( "Also how do you find a critical value, do you follow the same steps?\r
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document.write( "I have this example but I don't understand where 0.937 came from or what the P is and why there are the <= symbols when doing addition?:\r
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document.write( "=P(Z<= -1.531) + P(Z>= 1.531)
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document.write( "=P (Z<= -1.531)+ (1-P(Z< 1.531))
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document.write( "=0.063 + (1-0,937)
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document.write( "=0.126\r
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document.write( "Thank you\r
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Algebra.Com's Answer #135908 by stanbon(75887) ![]() You can put this solution on YOUR website! can you please explain the steps (formulas) \"in detail\" of finding the p-value uaing a z-test, and a one tailed test and a two tailed test. \n" ); document.write( "--------------------- \n" ); document.write( "Formula for test statistic: z((x-bar)-u) = ((x-bar)-u)/sqrt[s/sqrt(n)} \n" ); document.write( "Ex: z= (1764 -1750)/[ 70/ sqrt 150] = 2.4494 ~ 2.449 \n" ); document.write( "----------------- \n" ); document.write( "If this is a 2-tail test p-value = 2*P(z>2.449) = 2*0.00716 = 0.1433.. \n" ); document.write( "If this is a right-tail test p-value = P(z>2.449) = 0.00716 \n" ); document.write( "--------------------------------------------- \n" ); document.write( "Comment: This p-value business is an alternative to comparing the \n" ); document.write( "position of the test statistic to the position of the critical value. \n" ); document.write( "If the test statistic is not in the rejection interval the p-value \n" ); document.write( "will be greater than alpha; If the test statistic is in the rejection \n" ); document.write( "interval the p-value will be less than alpha. \n" ); document.write( "You can see this if you draw a normal curve, select a z=critical value \n" ); document.write( "like 1.645 then, arbitrarily place a test-statistic value in the \n" ); document.write( "critical interval or outside the critical interval. For a right tail \n" ); document.write( "test the area to the right of the critical value is alpha, If the \n" ); document.write( "test-statistic is in the reject interval the area to the right of the \n" ); document.write( "test-statistic will be less than alpha. That area to the right of \n" ); document.write( "the test-statistic is the P-value. So if you know the p-value is less \n" ); document.write( "than alpha you automatically know the test statistic is in the reject \n" ); document.write( "interval and you Reject Ho. \n" ); document.write( "------------------------------------------------\r \n" ); document.write( "\n" ); document.write( "Also how do you find a critical value, do you follow the same steps? \n" ); document.write( "A two-tail test with alpha = 5% results in critical values of +1.96 \n" ); document.write( "and -1.96. (1/2)of alpha is to the right of 1.96 and (1/2) of alpha \n" ); document.write( "is to the left of -1.96. You need a calculator or a z-table to determine \n" ); document.write( "these critical values. \n" ); document.write( "----------------------------------- \n" ); document.write( "I have this example but I don't understand where 0.937 came from or what the P is and why there are the <= symbols when doing addition?: \n" ); document.write( "=P(Z<= -1.531) + P(Z>= 1.531) \n" ); document.write( "=P (Z<= -1.531)+ (1-P(Z< 1.531)) \n" ); document.write( "=0.063 + (1-0,937) \n" ); document.write( "=0.126 \n" ); document.write( "--------- \n" ); document.write( "I looks like you are determining the p-value for a two-tail test. \n" ); document.write( "The test statistic turned out to be 1.531 \n" ); document.write( "The p-value is P(z<=-1.531) + P(z>=1.531) \n" ); document.write( "------------------------- \n" ); document.write( "Note: This is the same as 2*P(z>1.531) because the area to the right \n" ); document.write( "of z=1.531 is the same as the area to the left of z=-1.531. \n" ); document.write( "-------------------------------- \n" ); document.write( "The area to the left is 0.063. \n" ); document.write( "The area to the right is 1-the area above z=1.531 which is also 0.063. \n" ); document.write( "Adding the two you get 2(0.063) = 0.126 \n" ); document.write( "=============================================== \n" ); document.write( "Hope this helps. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( " \n" ); document.write( " |