Answered: If you have a hypothesis test with…

If you have a hypothesis test with alpha = 0.09, which of the following P-Values does NOT imply statistical significance? 0.007 0.033 0.086 0.149

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Medicare would like to test the hypothesis that the average monthly rate for one- bedroom assisted-living facility is equal to $3,300. A random sample of 12 assisted- living facilities had an average rate of $3,690 per month. The standard deviation for this sample was $530. Medicare would like to set a = 0.05. Which one of the following statements is true? a. Because the p-value is less than alpha, we fail to reject the null hypothesis and conclude that the average monthly rate for an assisted- living facility is not equal to $3,300. b. Because the p-value is less than alpha, we reject the null hypothesis and conclude that the average monthly rate for an assisted-living facility is not equal to $3,300. O c. Because the p-value is greater than alpha, we fail to reject the null hypothesis and conclude that the average monthly rate for an assisted- living facility is equal to $3,300.
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