Consider the statement New cars are expected to last an aver

Consider the statement, \"New cars are expected to last an average of three years before needing major service done to them.\" With a p-value of 0.2456, which is the correct decision?

No decision can be made.

Reject the null hypothesis.

Do not reject the null hypothesis.

Solution

Do not reject the null hypothesis.

because p-value is not small, its very large. Even if significance level is not given, 0.24 is too large to reject null