26. Another P-value. A company developing scanners to search for hidden weapons at airports has concluded that

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26. Another P-value. A company developing scanners to search for hidden weapons at airports has concluded that a new device is significantly better than the current scanner.

The company made this decision based on a P-value of 0.03. Explain the meaning of the P-value in this context.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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