Based on the t-statistic (1.33), what finding do we have?
Hint: The threshold value associated with 0.05 significance level is t0.975(399) =1.96.
A) The clothing manufacturer should NOT introduce a new line of sports clothes because there is NO statistical evidence that more than 88% of the population is favorably impressed by the new line.
B) The clothing manufacturer should introduce a new line of sports clothes because there is statistical evidence that more than 88% of the population is favorably impressed by the new line.
C) The clothing manufacturer should NOT introduce a new line of sports clothes because there is statistical evidence that more than 88% of the population is favorably impressed by the new line.
D) The clothing manufacturer should introduce a new line of sports clothes because there is NO statistical evidence that more than 88% of the population is favorably impressed by the new line.
E) None of the above.