Given that a test of significance was done for a two-sided test and the P-value obtained was 0.02,what would be the P-value for a one-sided significance test?

A) 0.02
B) 0.04
C) 0.01
D) 0

Two-sided Test

A statistical hypothesis test which determines if there is a significant difference in either direction between the groups or variables being studied.

One-sided Test

A hypothesis test in which the alternative hypothesis specifies a direction of the statistical significance, either greater than or less than a certain value.

P-value

The probability of encountering test data at least as extreme as what has been observed, with the assumption that the null hypothesis is valid.