02 May Question: If the p-value = 0.4567, then which of the following is true. A. We fail to reject Ho at a sign…
If the p-value = 0.4567, then which of the following is true.
- A. We fail to reject Ho at a significance level = .05
- B. We fail to reject Ho at a significance level = .10
- C. We fail to reject Ho at a significance level = .01
- D. All of these answers are correct
- When choosing between a biased but very efficient estimator and an unbiased but very inefficient estimator, we should choose the one with the minimum Mean Square Error.
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True False Assume that the population variance is unknown. We test the hypothesis that Ho: µ=5 against the alternative that it is not at a level of significance of 5% and a sample size of n=151. We calculate a test statistic = -1.655. The p-value of this hypothesis test is approximately . (Write your answer out to two decimal places. In other words, write 5% as 0.05.)
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