Exercise 1: A Full Z-Test, n=36 — Possible Solution ==================================================================== GIVEN ------------------------------ H0: mu = 50, H1: mu != 50 n = 36, x-bar = 54, sigma = 12 STEP 1: THE STANDARD ERROR ------------------------------ SE = sigma / sqrt(n) = 12 / sqrt(36) = 12 / 6 = 2 STEP 2: THE Z-STATISTIC ------------------------------ z = (x-bar - mu0) / SE = (54 - 50) / 2 = 2.0 STEP 3: THE P-VALUE ------------------------------ p-value = 2 x (1 - Phi(|z|)) = 2 x (1 - Phi(2.0)) Phi(2.0) ~= 0.9772 (the standard normal CDF at z=2, per Probability & Statistics Fundamentals Chapter 8's own empirical-rule cross-check) p-value = 2 x (1 - 0.9772) = 2 x 0.0228 ~= 0.0455 (about 4.55%) STEP 4: THE DECISION AT alpha=0.05 ------------------------------ 0.0455 < 0.05 Since the p-value is less than alpha, per this chapter's own decision rule, we REJECT H0 - though only just; the p-value sits close enough to the 0.05 threshold that this is a borderline result, not an overwhelming one. WHY THIS WORKS AS AN ANSWER ------------------------------ Each quantity is computed in sequence directly from this chapter's own formulas - standard error, then z-statistic, then p-value via the standard normal CDF - and the final decision is made by comparing the p-value against alpha exactly per this chapter's own stated rule, noting how close the result sits to the threshold rather than treating "reject" as an unambiguously strong conclusion.