Question

Question 22 3 pts Suppose you are interested in testing a null hypothesis and the p-value associated with the test statistic is 0.04. As a result, you should do not reject the null hypothesis at the 5-percent or 1-percent levels of significance. O do not reject the null hypothesis at the 5-percent level of significance, but do reject the null at the 1-percent level of significance. reject the null hypothesis at both the 5-percent and 1-percent levels of significance. reject the null hypothesis at the 5-percent level of significance, but not at the 1-percent level of significance.

Answer 1

Option 4

Null hypothesis signifies that there is no relationship and whatever the values observed are by chance factor.

Alternate hypothesis suggests about significant relationship and the observed value is not by chance factor.

So, when the p-value is 0.04, the probability of not getting the value is less than 5 percent level but not at 1 percent level.

Hence we need to reject the null hypothesis and accept alternate hypothesis at 5 percent but not at 1 percent level.