Luke has $21 more than Rachel and $48 more than Daniel. All together they have $
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Answer:
The required P value is 0.0901.
The critical value for the test statistic is 1.645.
Step-by-step explanation:
Consider the provided information.
The test statistic of z=1.34 is obtained when testing the claim that p> 0.1
It is given given that z=1.34 as the claim has greater than inequality so it is a right tailed test.
Part (A) P-value
From the Standard normal distribution table .
Therefore,
Hence, the required P value is 0.0901.
Part (B) The critical value(s) is/are z=
It is given that the significance level is α=0.05
Using standard z value table we get the critical value for the test statistic is 1.645.
Hence, the critical value for the test statistic is 1.645.