1. Calculating a Two-Tailed P-Value for a Z Statistic
Data AnalystBackground
An analyst is reviewing the results of an A/B test with a large sample size to see if a new feature improved user retention.
Problem
Needs to find the exact p-value for a calculated Z statistic of 1.96 to check for significance at the 0.05 alpha level.
How to use
Enter 1.96 as the Test Statistic, select 'Z / Standard Normal' for the distribution, and choose 'Two Tail'.
Test Statistic: 1.96, Distribution: z, Tail: two-tail, Decimal Places: 6Outcome
Returns a two-tailed p-value of 0.049996, confirming the result is statistically significant at alpha = 0.05.