Question: For testing H0: = 3 versus H1: < 3, a P-value of 0.024 is obtained. a. If the significance level is =

For testing H0: μ = 3 versus H1: μ < 3, a P-value of 0.024 is obtained.

a. If the significance level is α = 0.05, would you conclude that μ < 3?

Explain.

b. If the significance level is α = 0.01, would you conclude that μ < 3?

Explain.

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