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fO C. Reject Ho. There is sufficient evidence that the mean percentage is less than 38.6%. O D. Do not reject Ho. There is sufficient
\fO C. Reject Ho. There is sufficient evidence that the mean percentage is less than 38.6%. O D. Do not reject Ho. There is sufficient evidence that the mean percentage is less than 38.6%. b. Use the five-step p-value approach. Interpret the meaning of the p-value. Use the same 0.05 level of significance. The first three steps are identical to those above. For the next step, find the p-value. p-value = (Round to three decimal places as needed.) Make the statistical decision and state the managerial conclusion. Choose the correct answer below. O A. Do not reject Ho. There is sufficient evidence that the mean percentage is less than 38.6%. O B. Reject Ho. There is insufficient evidence that the mean percentage is less than 38.6%. O C. Reject Ho. There is sufficient evidence that the mean percentage is less than 38.6%. O D. Do not reject Ho. There is insufficient evidence that the mean percentage is less than 38.6%
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