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The p-value is 0.103. Which of the following is the best interpretation of this value?

The p-value is 0.103. Which of the following is the best interpretation of this value?

MATLAB: An Introduction with Applications
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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Does buttered toast fall face down? Data was collected to test this. 40 slices of toast (each with butter on one side) were dropped (from the same height). 24 slices (60%) landed buttered side down. We would like to use the results of this study to determine if there is statistical evidence that toast tends to land buttered side down more than 50% of the time.
Transcribed Image Text:Does buttered toast fall face down? Data was collected to test this. 40 slices of toast (each with butter on one side) were dropped (from the same height). 24 slices (60%) landed buttered side down. We would like to use the results of this study to determine if there is statistical evidence that toast tends to land buttered side down more than 50% of the time.
The p-value is 0.103. Which of the following is the best interpretation of this value? Select one: a. There is a 10.3% chance of observing a test statistic of 1.26 or larger, if the true proportion is 50%. b. There is a 10.3% chance that the true proportion is 60%. C. There is a 10.3% chance of observing a test statistic of 1.26 or smaller, if the true proportion is 50%. d. There is a 10.3% chance that the true proportion is 50%.
Transcribed Image Text:The p-value is 0.103. Which of the following is the best interpretation of this value? Select one: a. There is a 10.3% chance of observing a test statistic of 1.26 or larger, if the true proportion is 50%. b. There is a 10.3% chance that the true proportion is 60%. C. There is a 10.3% chance of observing a test statistic of 1.26 or smaller, if the true proportion is 50%. d. There is a 10.3% chance that the true proportion is 50%.
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