i. The fifth and final step in testing a hypothesis is taking a sample and, based on the decision rule, deciding if the null hypothesis should be rejected.
ii. When the null hypothesis is not rejected, the conclusion is that our sample data does not allow us to reject the null hypothesis.
Iii) The level of significance is selected after setting up a decision rule and sampling the population.
A) (i), (ii) and (iii) are all correct statements
B) (i) is a correct statement but not (ii) or (iii).
C) (i) and, (iii) are correct statements but not (ii).
D) (i) and, (ii) are correct statements but not (iii).
E) All statements are false

Question

i. The fifth and final step in testing a hypothesis is taking a sample and, based on the decision rule, deciding if the null hypothesis should be rejected. 
ii. When the null hypothesis is not rejected, the conclusion is that our sample data does not allow us to reject the null hypothesis.
Iii) The level of significance is selected after setting up a decision rule and sampling the population.
A) (i), (ii) and (iii) are all correct statements
B) (i) is a correct statement but not (ii) or (iii).
C) (i) and, (iii) are correct statements but not (ii).
D) (i) and, (ii) are correct statements but not (iii).
E) All statements are false

Quizplus · Accepted Answer

Statement (i) and (ii) are correct. Statement (iii) is incorrect because the level of significance is selected before setting up a decision rule and sampling the population.

I the Fifth and Final Step in Testing a Hypothesis