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

question 16

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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 ________.


Definitions:

Household Income

The total amount of money earned by every member of a single household.

College Students

Individuals who are enrolled in a college or university program leading to an undergraduate or graduate degree.

Level Of Significance

The threshold beyond which the results of a statistical test are considered statistically significant.

P-value

The probability of obtaining test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is true.

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