Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

*Instructions: In testing situations, carry out a two-tailed test and use a p-value threshold of 5% unless explicitly directed otherwise. The p-value of a statistical

*Instructions: In testing situations, carry out a two-tailed test and use a p-value threshold of 5% unless explicitly directed otherwise.

The p-value of a statistical test turns out to be about 20%. Which, if any, of the following are correct statements about the p-value? (circle them)

(a) The null hypothesis is true.

(b) The null hypothesis has a 20% chance of being true.

(c) The alternative hypothesis is true.

(d) The alternative hypothesis has a 20% chance of being true.

(e) Our results are statistically significant.

(f) If the null hypothesis is true, one out of five random samples would produce a result like ours or something even more extreme.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Corporate Finance

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

5th Edition

0135811600, 978-0135811603

Students also viewed these Mathematics questions