b.
The test statistic to test the given claim is the z-value.
The z-value is equal to 2.01.
Using the standard normal table, the corresponding two-tailed p-value for z-score equal to 2.01 is equal to:
Thus, the p-value is equal to 0.0444.
To depict the p-value on the normal probability graph, follow the given steps:
- Plot a horizontal axis representing the z-score. Also, label it as 鈥渮-score鈥.
- Sketch a bell-shaped curve and draw a vertical dotted line corresponding to the value 鈥0鈥 on the horizontal axis
- Mark the points 鈥-2.01鈥 and 鈥2.01鈥 on the horizontal axis and then shade the area to the left of the value 鈥-2.01鈥 and to the right of the value 鈥2.01鈥 with blue as shown in the figure.
- Label the two shaded regions as 鈥減-value = 0.0222鈥.
The following plot shows the probability value (p-value) as the shaded area under the normal probability graph. Here, the sum of the two p-values corresponds to the requited two-tailed p-value (0.0444).
