Question: a-1. If the alpha threshold is 0.05, and the p-value on a t-test comparing one companys ROA to the industry average ROA is 0.045, what

a-1. If the alpha threshold is 0.05, and the p-value on a t-test comparing one companys ROA to the industry average ROA is 0.045, what do you conclude about the null hypothesis that the companys ROA is the same as the industry?

a-2. Is the ROA the same or different than that of the industry?

b-1. If the alpha threshold is 0.10, and the p-value on a t-test comparing one companys ROA to the industry average ROA is 0.11, what do you conclude about the null hypothesis that the companys ROA is the same as the industry?

b-2. Is the ROA the same or different than that of the industry?

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