In: Statistics and Probability
Use the given claim and test statistic to find the P-value.
Claim: The mean monthly rental for a studio in one city is $870.
Test statistic: z = -0.76
0.5528
0.7764
0.2236
0.4472
For give claim and test statistics, the p-value is 0.2236. using statistical table we can find the value. statistical table is given below:
The test statistic = -0.76. Hence corresponding row and columns gives the p-value