P-Value Interpretation For Regression Slope
For a regression analysis testing H₀: β = 3 versus Hₐ: β ≠ 3, a p-value of 0.12 was obtained. Which statement represents the most accurate interpretation?
A
There is an 88% chance that β ≠ 3.
B
The probability that β = 3 is 0.12.
C
If β = 3, the probability of obtaining the sample slope or more extreme is 0.12.
D
12% of all possible regression slopes would equal 3.
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