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The probability of getting this result, or a _(1)_ extreme result, given Ho is true, is _(2)_. This is a very_(3)_ probability, so it(4)__ very likely. Specifically, it is_(5)_ than significance level = 0.05. Therefore, there_(6)_ sufficient evidence to reject Ho. Less, 0.05, large, is not, less, is More, 0.037, smallI, is not, less, is More, 0.05, large, is not, less, is Less, .05, large, is, more, is not

The probability of getting this result, or a _(1)_ extreme result, given Ho is true, is _(2)_. This is a very_(3)_ probability, so it(4)__ very likely. Specifically, it is_(5)_ than significance level = 0.05. Therefore, there_(6)_ sufficient evidence to reject Ho. Less, 0.05, large, is not, less, is More, 0.037, smallI, is not, less, is More, 0.05, large, is not, less, is Less, .05, large, is, more, is not

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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Suppose a bank manager is concerned that the percent of loans processed that contain errors has increased above the acceptable amount of 1%. A significance test is conducted to test his concern, and a p-value of 0.037 is reported at a significance level = 0.05. Read the following statements about a p-value and choose the correct answer for each missing field. The probability of getting this result, or a_(1)_ extreme result, given Ho is true, is _(2)_. This is a very _(3)_ probability, so it_(4)_ very likely. Specifically, it is (5)_ than significance level = 0.05. Therefore, there _(6)_ sufficient evidence to reject Ho- Less, 0.05, large, is not, less, is More, 0.037, small, is not, less, is More, 0.05, large, is not, less, is Less, .05, large, is, more, is not
Transcribed Image Text:Suppose a bank manager is concerned that the percent of loans processed that contain errors has increased above the acceptable amount of 1%. A significance test is conducted to test his concern, and a p-value of 0.037 is reported at a significance level = 0.05. Read the following statements about a p-value and choose the correct answer for each missing field. The probability of getting this result, or a_(1)_ extreme result, given Ho is true, is _(2)_. This is a very _(3)_ probability, so it_(4)_ very likely. Specifically, it is (5)_ than significance level = 0.05. Therefore, there _(6)_ sufficient evidence to reject Ho- Less, 0.05, large, is not, less, is More, 0.037, small, is not, less, is More, 0.05, large, is not, less, is Less, .05, large, is, more, is not
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