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1. The p-value for a hypothesis test has been reported as 0.03. If the test result is interpreted using the a. 5 0.05 level of significance as a criterion, will H0 be rejected? Explain.

2. The p-value for a hypothesis test has been reported as 0.04. If the test result is interpreted using the a. 5 0.01 level of significance as a criterion, will H0 be rejected? Explain.

3. A hypothesis test is carried out using the a. 5 0.01 level of significance, and H0 cannot be rejected. What is the most accurate statement we can make about the p-value for this test?

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Accounting Basics, Accounting

Category:- Accounting Basics
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