If the P-Value for a One Tailed Test Is 0

question 28

Essay

If the p-value for a one tailed test is 0.03, would you have the same conclusion at a significance level of 0.05 and at a significance level of 0.10?

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Definitions:

Financial Planning

The process of determining and implementing strategies to achieve financial goals, including savings, investments, and budgeting.

Financial Goals

Objectives or targets set by an individual or organization regarding the management and allocation of finances.

Sustainable Growth

The peak growth rate a business can achieve for its revenue, profits, and dividends without escalating its debt or raising more equity capital.

Profit Margin

An indicator of a company's financial health, calculated as net income divided by revenue, and expressed as a percentage.