When performing a hypothesis test for population mean, a p-value was calculated as 0.0625
If the level of significance is 0.01, what is the conclusion of the hypothesis test?
Do not Reject
Reject
If one concludes the null hypothesis was rejected based at 5% level of significance, would the decision be different if the level of significance is 1%?
Reject
We do not have enough evidence to determine whether to reject the null hypothesis if the level of significance is 1%.