A student performs a test of Hop = 0.75 versus H,: p <0.75 at the a = 0.05 significance level and gets a P-value of 0.22. The student writes: "Because the P-value is large, we accept Ho. The data provide convincing evidence that the null hypothesis is true." What should the student have written for their conclusion? Because the P-value is large, we fail to reject Ho. The data do not provide convincing evidence that the alternative hypothesis is true. O Because the P-value is large, we fail to reject Ho. The data provide convincing evidence that the alternative hypothesis is true. Because the P-value is small, we reject Ho. The data provide convincing evidence that the alternative hypothesis is true. Because the P-value is large, we accept Ho. The data do not provide convincing evidence that the alternative hypothesis is true. What the student wrote is correct.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.