The purpose of this problem is to interpret a P-value correctly. 1 True False If P-value = 7%, then the result is not statistically significant. a. b. We have to accept the null hypothesis if P-value > 5% C. We should never reject the null hypothesis if P-value > 5%. d. For a given hypothesis test, about 5% of all investigators that repeat the experiment will get statistically significant results, if in fact the null hypothesis is right. e. If P-value = 3%, then there is about a 3% chance the null hypothesis is right.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The purpose of this problem is to interpret a P-value correctly.
1
True
False
If P-value = 7%, then the result is not statistically significant.
a.
b.
We have to accept the null hypothesis if P-value > 5%
C.
We should never reject the null hypothesis if P-value > 5%.
d.
For a given hypothesis test, about 5% of all investigators that repeat the experiment will get statistically significant results, if in fact the null hypothesis is right.
e.
If P-value = 3%, then there is about a 3% chance the null hypothesis is right.
Transcribed Image Text:The purpose of this problem is to interpret a P-value correctly. 1 True False If P-value = 7%, then the result is not statistically significant. a. b. We have to accept the null hypothesis if P-value > 5% C. We should never reject the null hypothesis if P-value > 5%. d. For a given hypothesis test, about 5% of all investigators that repeat the experiment will get statistically significant results, if in fact the null hypothesis is right. e. If P-value = 3%, then there is about a 3% chance the null hypothesis is right.
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