7. Assuming the calculated value of the test statistic were 2.84, do you think t

Question

7. Assuming the calculated value of the test statistic were 2.84, do you think that the mobiie phone company's decision to raise monthly subscription prices would have any statistical support? Why or why not? A. Yes it would have support as we would have rejected the null hypothesis" B. No it would not have support as we would have rejected the null hypothesis C. Yes it would have support as we would have accepted the null hypothesis D. No it would not have support as we would have rejected the alternate hypothesis E. Yes it would have support as we would have maximized the p-value

Explanation / Answer

Answer is (A)

Here , pvalue is greater than alpha so we reject the null hypothesis.

Yes , it would have support as we would have reject the null hypothesis

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