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A streaming music site changed its format to focus on previously unreleased music from rising artists....

A streaming music site changed its format to focus on previously unreleased music from rising artists. The site manager now wants to determine whether the number of unique listeners per day has changed. Before the change in format, the site averaged 131,520 unique listeners per day. Now, beginning three months after the format change, the site manager takes a random sample of 30 days and finds that the site has an average of 124,247 unique listeners per day. The manager finds that the p-value for the hypothesis test is approximately 0.0743. How would you interpret the p-value?

1.The likelihood that the average number of unique daily listeners per day is no longer 131,520 is 7.43%.

2.The likelihood that the manager should reject the null hypothesis is 7.43%.

3.If the average number of unique daily listeners per day is still 131,520, the likelihood of obtaining a sample with a mean at least as extreme as 124,247 is 7.43%.

4.If the average number of unique daily listeners per day is no longer 131,520, the likelihood of obtaining a sample with a mean at least as extreme as 124,247 is 7.43%.

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Answer #1

option 3 is correct

3.If the average number of unique daily listeners per day is still 131,520, the likelihood of obtaining a sample with a mean at least as extreme as 124,247 is 7.43%.

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