A test of H₀:$\mu$=59 versus H₁: $\mu \neq$ 59 is performed using a significance level of $\alpha$=0.01 . The P-value is 0.115. If the true value of $L$ is 59 , does the conclusion result in a Type I error, a Type II error, or a correct decision? A) Type II error B) Type I error C) Correct decision

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Since the P-value of 0.115 is greater than the significance level of 0.01, we fail to reject the null hypothesis H₀: $\mu$=59. This means that we do not have enough evidence to suggest that the true mean is different from 59. Since the true value of $L$ is 59, this is a correct decision. Neither a Type I error nor a Type II error has been committed.

A Test of H0 μ\muμ =59 Versus H1 μ≠\mu \neqμ= 59 Is Performed Using a Significance Level Of

A Test of H₀ $\mu$ =59 Versus H₁ $\mu \neq$ 59 Is Performed Using a Significance Level Of