Answer:
Z = -1.65
Step-by-step explanation:
Z-score:
In a set with mean and standard deviation
, the z-score of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
What is the critical value for the 5% significance level?
One-tailed statistic, so Z with a p-value of 0.05.
Looking at the z-table, this is Z = -1.65, so this is the critical value for the 5% significance leve.