h. Interpret the p-value in the context of the study.O If the population mean number of customers since the ad campaign began is 172 and if youcollect data for another 12 days since the ad campaign began then there would be a7.88729881% chance that the sample mean for these 12 days would be greater than 178.5.O If the population mean number of customers since the ad campaign began is 172 and if youcollect data for another 12 days since the ad campaign began then there would be a7.88729881% chance that the population mean number of customers since the ad campaignbegan would be greater than 172.There is a 7.88729881% chance of a Type I error.There is a 7.88729881% chance that the population mean number of customers since the adcampaign began is greater than 172.i. Interpret the level of significance in the context of the study.O If the population mean number of customers since the ad campaign began is more than 172and if you collect data for another 12 days since the ad campaign began, then there would bea 5% chance that we would end up falsely concuding that the population mean number ofcustomers since the ad campaign is equal to 172.O If the population mean number of customers since the ad campaign began is 172 and if youcollect data for another 12 days since the ad campaign began, then there would be a 5%chance that we would end up falsely concuding that the population mean number of customerssince the ad campaign began is more than 172.O There is a 5% chance that the population mean number of customers since the ad campaignbegan is more than 172.O There is a 5% chance that there will be no customers since everyone shops online nowadays. Before the furniture store began its ad campaign, it averaged 172 customers per day. The manager isinvestigating if the average is larger since the ad came out. The data for the 12 randomly selected dayssince the ad campaign began is shown below:158, 172, 183, 190, 176, 188, 197, 194, 162, 194, 174, 154Assuming that the distribution is normal, what can be concluded at the a =0.05 level of significance?a. For this study, we should use Select an answerb. The null and alternative hypotheses would be:Но:? v Select an answer vH1:? v Select an answer ♥c. The test statistic ? v =(please show your answer to 3 decimal places.)d. The p-value(Please show your answer to 4 decimal places.)e. The p-value is ? vaf. Based on this, we should Select an answer v the null hypothesis.g. Thus, the final conclusion is that ...The data suggest the population mean is not significantly more than 172 at a = 0.05, so thereis sufficient evidence to conclude that the population mean number of customers since the adcampaign began is equal to 172.O The data suggest that the population mean number of customers since the ad campaign beganis not significantly more than 172 at a = 0.05, so there is insufficient evidence to concludethat the population mean number of customers since the ad campaign began is more than 172.%3DO The data suggest the populaton mean is significantly more than 172 at a = 0.05, so there issufficient evidence to conclude that the population mean number of customers since the adcampaign began is more than 172.%3D

Name: h. Interpret the p-value in the context of the study.O If the populat
Uploaded: 2024-03-20T07:07:12.000Z
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Description: h. Interpret the p-value in the context of the study.O If the population mean number of customers since the ad campaign began is 172 and if youcollect data for another 12 days since the ad campaign began then there would be a7.88729881% chance that