Do you agree? State whether or not you agree with each of

Chapter , Problem 6.98

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Do you agree? State whether or not you agree with each of the following statements and provide a short summary of the reasons for your answers. (a) If the P-value is larger than 0.05, the null hypothesis is true. (b) Practical significance is not the same as statistical significance. (c) We can perform a statistical analysis using any set of data. (d) If you find an interesting pattern in a set of data, it is appropriate to then use a significance test to determine its significance. (e) Its always better to use a significance level of a 0.05 than to use a 0.01 because it is easier to find statistical significance.

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