If the value of a t-statistic falls between the critical values for α = .05 and α = .01, you would describe the level of significance as ______. A) p .01 B) p .05 C) p

Question

If the value of a t-statistic falls between the critical values for α = .05 and α = .01, you would describe the level of significance as ______. A) p > .01 B) p > .05 C) p < .01 D) p < .05

Quizplus · Accepted Answer

The level of significance is the probability of rejecting the null hypothesis when it is true. The critical values for α = .05 and α = .01 are the values of the t-statistic that correspond to a probability of .05 and .01, respectively. If the value of the t-statistic falls between these two values, then the probability of rejecting the null hypothesis when it is true is between .05 and .01. This means that the level of significance is less than .01.

If the Value of a T-Statistic Falls Between the Critical