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A P-value was computed to assess the hypothesis H0 : ψ(θ ) = 0 and the value 022 was…

 A P-value was computed to assess the hypothesis H0 : ψ(θ ) = 0 and the value 022 was obtained. The investigator says this is strong evidence that the hypothesis is correct. How do you respond? 6.3.18 A P-value was computed to assess the hypothesis H0 : ψ(θ) = 1 and the value 055 was obtained. You are told that differences in ψ(θ) greater than 05 are considered to be practically significant but not otherwise. The investigator wants to know if enough data were collected to reliably detect a difference of this size or greater. How would you respond?