Question: Please answer the question to this problem. A market researcher at a major clothing company that has traditionally relied on catalog mail-order sales decides to

Please answer the question to this problem.

A market researcher at a major clothing company that has traditionally relied on catalog mail-order sales decides to investigate whether the amount of online sales has changed. She compares the mean monthly online sales of the past several months with a historical gure for mean monthly sales for online purchases She gets a P-value of 0.01. Explain in this context what the 1% represents Choose the correct answer below. 0 A. If the mean monthly sales due to online purdtases has not changed, then only 1% of the samples would be expected to have mean sales as different from the historical gure as the mean sales observed in the sample. 0 B. There is a 1% likelihood that the sample is equal to the true value of the new monthly mean sales. 0 C. If the mean monthly sales due to online purdtases has not changed, then only 99% of the samples would be expected to have mean sales as different from the historical gure as the mean sales observed in the sample. 0 D. There is a 99% likelihood that the sample is equal to the true value of the new monthly mean sales

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