Question

If the p-value = 0.4567, then which of the following is true. A. We fail to...

If the p-value = 0.4567, then which of the following is true.

  • A. We fail to reject Ho at a significance level = .05

  • B. We fail to reject Ho at a significance level = .10

  • C. We fail to reject Ho at a significance level = .01

  • D. All of these answers are correct

  • When choosing between a biased but very efficient estimator and an unbiased but very inefficient estimator, we should choose the one with the minimum Mean Square Error.

  • True
    False

    Assume that the population variance is unknown. We test the hypothesis that Ho: µ=5 against the alternative that it is not at a level of significance of 5% and a sample size of n=151. We calculate a test statistic = -1.655. The p-value of this hypothesis test is approximately   . (Write your answer out to two decimal places. In other words, write 5% as 0.05.)

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