Answer: B) Do not reject null hypothesis
Step-by-step explanation:
When p-value is less than the significance level then we reject the null hypothesis [tex](H_0)[/tex].
When p-value is greater than or equal to the significance level then we fail to reject the null hypothesis[tex](H_0)[/tex].
Given : P-value = 0.07
Significance level = 0.05
Clearly , 0.07> 0.05
i.e. P-value > Significance level
⇒ We fail to reject the null hypothesis.
Hence, the correct answer is : B) Do not reject null hypothesis
