The calculated value of the p-value is 0.0215
How to determine the p-value
From the question, we have the following parameters that can be used in our computation:
Sample size, n = 30
Start by calculating the degrees of freedom using
df = n - 1
Where n is the sample size.
So, we have
df = 30 - 1
df = 29
Since the alternative hypothesis (Ha) is μ ≠ 50, this is a two-tailed test.
We can use a t-distribution table to find the two-tailed P-value for a t-statistic of -2.43 and df = 29.
Using the t-distribution table , we find that the two-tailed P-value is approximately 0.0215.
Hence, the p-value is 0.0215