15 ### Hypothesis Testing Example**Problem Statement:**The test statistic of \( z = -2.45 \) is obtained when testing the claim that \( p = 1/4 \).**Steps to Solve:****a. Finding the Critical Value(s):**Using a significance level of \( \alpha = 0.05 \), find the critical value(s).- Instructions: Use the standard normal distribution table to find the critical value(s). For a two-tailed test with \( \alpha = 0.05 \), look for the values in the table that correspond to 0.025 in each tail.**b. Decision Making:**Should we reject \( H_0 \) or should we fail to reject \( H_0 \)?1. The critical value(s) is/are \( z = \) - (Enter the critical values rounded to two decimal places. Use a comma to separate answers as needed.)2. Choose the correct conclusion below: - **A.** Reject \( H_0 \). There is sufficient evidence to warrant rejection of the claim that \( p = 1/4 \). - **B.** Reject \( H_0 \). There is not sufficient evidence to warrant rejection of the claim that \( p = 1/4 \). - **C.** Fail to reject \( H_0 \). There is sufficient evidence to warrant rejection of the claim that \( p = 1/4 \). - **D.** Fail to reject \( H_0 \). There is not sufficient evidence to warrant rejection of the claim that \( p = 1/4 \).**Additional Resources:**- [Click here to view page 1 of the standard normal distribution table.](#)- [Click here to view page 2 of the standard normal distribution table.](#)**Note:** Analyze the provided values against the standard normal distribution table to determine the appropriate critical values and make a justified conclusion based on these values.

GIVEN DATA, Z=-2.45claim : p=14claim: p=0.25α=0.05we have to find out the critical value =?

The test statistic of z= -2.45 is obtained when testing the claim that p= 1/4. a. Using a significance level of a = 0.05, find the critical value(s). b. Should we reject H, or should we fail to reject H₂? Click here to view page 1 of the standard normal distribution table. Click here to view page 2 of the standard normal distribution table. a. The critical value(s) is/are z = (Round to two decimal places as needed. Use a comma to separate answers as needed.) b. Choose the correct conclusion below. O A. Reject Ho. There is sufficient evidence to warrant rejection of the claim that p=1/4.