You are reading a research article that states that there is no significant evidence that the median income in the two groups differs, at α = 0.05. You are interested in this conclusion, but prefer to use α = 0.01.

(1) You would also say there is no significant evidence that the medians differ.

(2) You would say there is significant evidence that the medians differ.

(3) You do not knowwhether there is significant evidence or not, until you know the p value.

Exercises LO.1