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

2. A hypothesis test is carried out using α = 0.01 the 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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