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You need to interpret the results of a recent paired t-test.What does the following mean? The test statistic t-value = -1.47and the p-value = 0.01.

You need to interpret the results of a recent paired t-test.What does the following mean? The test statistic t-value = -1.47and the p-value = 0.01.

A.) The small p-value means there is great chance of gettingdata like observed here again. Because the p-value is so small, thenull hypothesis cannot be rejected. This indicates the dataprovided enough evidence to not reject the null. The test statistict-value of -1.47 means the data is 1.47 standard errors below thenull hypothesis value of 0.

B.)The small p-value means there is very little chance ofgetting data like observed here again. Because the p-value is sosmall, the null hypothesis would be rejected. This indicates thedata provided enough evidence to reject the null. The teststatistic t-value of -1.47 means the data is 1.47 standard errorsbelow the null hypothesis value of 0.

C.) The small p-value means there is very little chance ofgetting data like observed here again. Because the p-value is sosmall, the null hypothesis would not be rejected. This indicatesthe data did not provide enough evidence to reject the null. Thetest statistic t-value of -1.47 means the data is 1.47 standarderrors above the null hypothesis of 0.

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