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We obtain a p-value of 6%.  We reject Ho for Ha.  What standard value(s) of alpha was (were) NOT used and why?   A. 1% only b/c p-value not less than it.   B. 1% and 5% b/c p-value not less than either of them.   C. 1% and 10% b/c p-value not less than either of them.   D. 5% and 10% b/c p-value less than either of them.

We obtain a p-value of 6%.  We reject Ho for Ha.  What standard value(s) of alpha was (were) NOT used and why?   A. 1% only b/c p-value not less than it.   B. 1% and 5% b/c p-value not less than either of them.   C. 1% and 10% b/c p-value not less than either of them.   D. 5% and 10% b/c p-value less than either of them.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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We obtain a p-value of 6%.  We reject Ho for Ha.  What standard value(s) of alpha was (were) NOT used and why?

  A.

1% only b/c p-value not less than it.
  B.

1% and 5% b/c p-value not less than either of them.
  C.

1% and 10% b/c p-value not less than either of them.
  D.

5% and 10% b/c p-value less than either of them.
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