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Mathematics, 15.04.2020 18:52 warnene17

A parachute manufacturer is concerned that the failure rate of 0.1% advertised by his company may in fact be higher. A hypothesis test was run and the result was a P-value of 0.011. The most likely conclusion the manufacturer might make is:(a) My parachutes are safer than I claim.(b) My parachutes are not as safe as I claim them to be.(c) I can make no assumption of safety based on a statistical test.(d) The probability of a parachute failure is 0.011.(e) Both (b) and (d) are true.

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