You are asked to conduct a simulation and run a hypothesis test at a significance level of 0.10. Based on your simulation, you find that the p-value is 0.051. What does this mean for your hypothesis test?
1. |
Since the p-value is greater than the significance level, you must fail to reject the null hypothesis. |
2. |
Since the p-value is less than the significance level, you must fail to reject the null hypothesis. |
3. |
Since the p-value is less than the significance level, you must reject the null hypothesis. |
4. |
Since the p-value is greater than the significance level, you must reject the null hypothesis. |
solution
Given That
P- Value = 0.051
= 0.10
P-value <
Reject the null hypothesis .
Option ( 3) is correct
Since the p-value is less than the significance level, you must reject the null hypothesis.
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