Question: Please help choose the best answer. Engineers are designing a new airplane. They want to select the strongest available bolts to use on the wings

Please help choose the best answer.

Please help choose the best answer. Engineers are designing a new airplane.

Engineers are designing a new airplane. They want to select the strongest available bolts to use on the wings of the plane. They conduct stress tests of two different bolts, to find out how frequently each bolt breaks (its breakage rate). In equivalent stress tests, one bolt breaks at a slightly lower rate than the other, but after analyzing many bolts, the engineers find that the difference is barely significant (with a P-value of 0.07). The level of significance for the test was 0.05. Which statement below is accurate? O The difference in the breakage rates is not statistically significant and not significant in a real-world sense. O The difference in the breakage rates is statistically significant and significant in a real-world sense. The difference in the breakage rates is not statistically significant but is significant in a real-world sense. The difference in the breakage rates is statistically significant but not significant in a real-world sense

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!