Question

Suppose we calculated our p-value to be 0.05 . Which of the following is the correct interpretation of the p-value calculated in the previous problem? A.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing a y¯>=9.13 when sampling from the population is 0.05 B.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing a y¯<=9.13 when sampling from the population is 0.05 C.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing y¯=9.13 when sampling from the population is 0.05 D.The probability that the average rate of return for this 401(k) over all years is 7.5% is 0.05 E.The probability that y¯=9.13 is 0.05

          Suppose we calculated our p-value to be 0.05 . Which of the following is the correct interpretation of the p-value calculated in the previous problem?
A.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing a y¯>=9.13 when sampling from the population is 0.05
B.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing a y¯<=9.13 when sampling from the population is 0.05
C.Assuming the average rate of return for this 401(k) over all years is 7.5%, the probability of observing y¯=9.13 when sampling from the population is 0.05
D.The probability that the average rate of return for this 401(k) over all years is 7.5% is 0.05
E.The probability that y¯=9.13 is 0.05

Added by Samuel S.

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