You perform a hypothesis test and obtain a p-value of 0.08. What should you conclude if α = 0.05?
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Since the p-value (0.08) is greater than the significance level (α = 0.05), we fail to reject the null hypothesis, meaning there is not enough statistical evidence to support the alternative hypothesis.
Since the p-value (0.08) is greater than the significance level (0.05), we fail to reject the null hypothesis. There is insufficient evidence to conclude a significant difference.