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In: Statistics and Probability

Suppose that a student in this class uses their personalized class data set to test the...

Suppose that a student in this class uses their personalized class data set to test the hypothesis that more than 50% of the people in this class are in Business, and rejects the null hypothesis at the 2% significance level. Consider the following statements.
(i) The p-value is greater than .02.
(ii) If another student in this class tested the same hypothesis with their personalized class data set, using the same significance level, then that student might not reject the null hypothesis.
(iii) The proportion of students in this class who are in business might not be greater than 50%.
(iv) A Type I error might have occurred.
(v) The probability of Type II error is greater than 2%.

Determine which of the above statements are true or false.

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