Question 872176: If, in a (two-tail) hypothesis test, the p-value is 0.0509, what is your statistical decision if you test the null hypothesis at the 0.03 level of significance
Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If, in a (two-tail) hypothesis test, the p-value is 0.0509, what is your statistical decision if you test the null hypothesis at the 0.03 level of significance
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Since the p-value is greater than 3%, fail to reject Ho.
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Cheers,
Stan H.
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