The p-value obtained in a hypothesis test for population mean is 8%. Select the most precise statement

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The p-value obtained in a hypothesis test for population mean is 8%. Select the most precise statement about what it implies. Explain why the other statements are not precise, or are false.
a. If H0 is rejected based on the evidence that has been obtained, the probability of type I error would be 8%.
b. We can be 92% confident that H0 is false.
c. There is at most an 8% chance of obtaining evidence that is even more unfavorable to H0 when H0 is actually true.
d. If α = 1%, H0 will not be rejected and there will be an 8% chance of type II error.
e. If α = 5%, H0 will not be rejected and no error will be committed.
f. If α = 10%, H0 will be rejected and there will be an 8% chance of type I error.
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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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