SOLUTION: Use the given information to state the conclusion about the null hypothesis H0. Assume a significance level of 0.01. Original​ claim: The percentage of settled medical m

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Question 1120322: Use the given information to state the conclusion about the null hypothesis H0.
Assume a significance level of 0.01.
Original​ claim: The percentage of settled medical malpractice suits is.at least 50%
The hypothesis test results in a P-value of 0.012.
A. Reject Ho because the P-value is greater than alpha.
B. Fail to reject reject Ho because the P-value is less than alpha.
C. Fail to reject reject Ho because the P-value is greater than alpha.
D. Reject reject Ho because the P-value is less than alpha.
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
i believe selection C is the correct answer.

the significance level is the alpha.

if the alpha of your study is less than the significance level, then you reject the null hypothesis.

in this case, the study alpha is .012 which is greater than .01, therefore you fail to reject H0.