1) We want to do a two-sided hypothesis test with a threshold of 3 . 4 % . What

Question

1)We want to do a two-sided hypothesis test with a threshold of 3.4%. What is the critical value (give the absolute value)?
2)We are doing a two-sided hypothesis test with a critical value equal to 1.16. What is the threshold of that test? (give the number without the percentage sign: if, for instance, your answer is 10.4% then report 10.4) 1)We want to do a two-sided hypothesis test with a threshold of 3.4%. What is the critical value (give the absolute value)?
2)We are doing a two-sided hypothesis test with a critical value equal to 1.16. What is the threshold of that test? (give the number without the percentage sign: if, for instance, your answer is 10.4% then report 10.4)
2)We are doing a two-sided hypothesis test with a critical value equal to 1.16. What is the threshold of that test? (give the number without the percentage sign: if, for instance, your answer is 10.4% then report 10.4)

Explanation / Answer

1) critical value = Z1-0.034/2 = Z0.983 = 2.12

2) critical value = 1.16

1 - alpha/2 = 0.8770

Or, alpha = 0.0615 = 6.15 (ans)

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