Consider a Two-Tailed Test with a Level of Confidence of 99

question 16

Multiple Choice

Consider a two-tailed test with a level of confidence of 99%. The p-value is determined to be 0.05. Therefore, the null hypothesis ________.

• A) should not be rejected
• B) must be rejected
• C) may or may not be rejected depending on the square root of the sample size
• D) is the same as the alternative hypothesis

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Definitions:

Assignment

The transfer of rights, duties, or property from one party to another, often used in the context of contracts or real property.

Stop Payment

An instruction given to a bank by an account holder not to pay a check or payment that has been issued but not yet cashed.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.

Notice

A formal communication or announcement, which can be in written or verbal form, informing individuals or parties about specific information, conditions, or requirements.