Answer:
The correct answer is an event occurring one or fewer times in 100 times if the null hypothesis is true.
Step-by-step explanation:
For a statistically rare event, its probability is relatively small and the event is very unlikely to occur. Â Therefore, if an experimental sets equal to 0.01 which is statistically rare, then we can interpret this mathematically as:
p(event) = 0.01 = 1/100
where p(event) is the probability of the event.
In addition, statistically, null hypothesis signifies no major difference between the specified parameters, and any obvious difference that might occur as a result of experimental error. Thus, it can be concluded that the event is occurring one or fewer times in 100 times if the null hypothesis is true.