In: Statistics and Probability
Shannon is a graduate student studying health economics. One of her projects was to study the effects of tobacco product taxation on the frequency of smoking among college students. She hypothesized that the taxation would decrease the frequency of smoking. Using a survey analysis and a known frequency in a recently reported publication, she conducted a hypothesis test to determine if students were less likely to smoke if the tax rate went up by $0.25 per cigarette pack. She used a significance level of 2%.
Determine the critical value or values for a one-mean z-test at the 2% significance level if the hypothesis test is left-tailed (Ha:μ<μ0).
z0.160.994z0.081.405z0.041.751z0.022.054z0.012.326
TOPIC:Critical value for the given test.
Here, we use the one sample z-test for the population mean.