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Topic: Business
Number of pages / Number of words: 3 / 684
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The decision rule for this test is formulated by determining the critical value from the .01 level of significance. .01 is divided in half for the quotient of .005 because this is a two-tailed test. Subtract .005 from the value of half of the tail, .500, to find the difference of .4950. The critical value is 2...


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.01 is divided in half for the quotient of .005 because this is a two-tailed test. Subtract .005 from the value of half of the tail, .500, to find the difference of .4950. The critical value is 2.58, found in the text appendix D: Areas Under the Normal Curve using the closest number on the table to ...


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