Suppose in Testing a Hypothesis About a Proportion, the P-Value

question 124

True/False

Suppose in testing a hypothesis about a proportion, the p-value is computed to be 0.027. The null hypothesis should be rejected if the chosen level of significance is 0.01.

---

Definitions:

Uniform Arbitration Act

A model statute adopted by some states to provide a standardized approach to the arbitration of disputes.

Arbitration Act

Legislation that provides a legal framework for arbitration, a form of alternative dispute resolution outside of courts.

Mini-trial

A voluntary, private, informal dispute resolution process where each party to a dispute presents a summarized version of its case to a panel, often as a prelude to other negotiations.

Binding Mediation

A form of ADR in which a mediator attempts to facilitate agreement between the parties but then issues a legally binding decision if no agreement is reached.