The FBI compiles information on robbery and property crimes by type and selected characteristic and publishes its findings in Uniform Crime Reports. According to that document, the mean value lost to purse snatching was $468 in 2012. For last year, 12 randomly selected purse-snatching offenses yielded the values lost, to the nearest dollar.405, 519, 529, 477, 315, 572, 434, 455, 375, 341, 288, 503 You are conducting a hypothesis test at .06 level of significance. You have computed a p-value of .026. Based on this, what conclusion do you draw about the null hypothesis? Explain.

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The FBI compiles information on robbery and property crimes by type and selected characteristic and publishes its findings in Uniform Crime Reports. According to that document, the mean value lost to purse snatching was $468 in 2012. For last year, 12 randomly selected purse-snatching offenses yielded the values lost, to the nearest dollar.405, 519, 529, 477, 315, 572, 434, 455, 375, 341, 288, 503 You are conducting a hypothesis test at .06 level of significance. You have computed a p-value of .026. Based on this, what conclusion do you draw about the null hypothesis? Explain.
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