Question Completion Status: QUESTION 1 3 p Explain what the P-value means in the

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Question Completion Status: QUESTION 1 3 p Explain what the P-value means in the given context A weight loss center has a 72% success rate (weight loss of 5 or more pounds). The center's CEO decides to test a new weight loss strategy to see if it is more effective and obtains a P-value of 0.23. What is reasonable to conclude about the new strategy using a 0.1? O If the success rate of the new strategy is 72%, the probability of obtaining results at least as extreme as those obtained from the CEO's study is 0.23. We can conclude that the new strategy provides better results. If we assume that the new strategy is 72% effective, it is more effective than the current strategy 23% of the time. G, O If the old strategy has a72% sucess ate the new strategy is more effective 23% of the time. We cannot conclude that the new strategy is more effective. If the success rate of the new strategy is 72%, the probability of obtaining results at least as extreme as better results. The probability that the new strategy is as effective as the current strategy is 0.23. those obtained from the CEO's study is 0.23. We are unable to conclude that the new strategy provides O UESTION 2

Explanation / Answer

if the success rate of new strategy is 72% the probability of obtaining results at least as effective as those obtained from the CEO's study is 0.23, we were unable to conclude that the new strategy provides better results.

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