If the P Value for a Hypothesis Test Is 0

question 28

Multiple Choice

If the p value for a hypothesis test is 0.0271, which would be a correct decision?

• A) Do not reject the null hypothesis when alpha is 0.10.
• B) Do not reject the null hypothesis when alpha is 0.05.
• C) Reject the null hypothesis when alpha is 0.025.
• D) Reject the null hypothesis when alpha is 0.10.
• E) none of the above

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Definitions:

Endorser

A person who signs their name on a document, often a check, to indicate their approval or to transfer ownership to another party.

Drawer

In a financial context, the person who writes or issues a check or draft instructing a bank to pay a specified sum of money to a designated party.

Liable

Legally responsible or obligated.

Promissory Note

A written and legally binding promise to pay a specific sum of money to a designated party at a specified time or on demand.