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