Chapter 9, Problem T9.4SPT

To determine

To Explain: the about significance at the 1% level.

Answer to Problem T9.4SPT

The answer can’t be determined from the information given.

Explanation of Solution

Reject the null hypothesis $H_0$ if and only if and given that the P-value is smaller than the significance level.

At the 5 percent significance level the null hypothesis was rejected:

  $P<0.05=5\%$

Do not know if the p-value $P$ is less than 1% or not

Hence, the correct option is (e)