Question: A test is carried out to see if the mean rate of return on an investment is lower than 8%. The P-value for the test turned out to be 0.330. Based on this, which of the following can you conclude?

1. The average rate of return is definitely lower than 8%
2. There is evidence to suggest that the average rate of return is different from 8%.
3. All we can say is that the average return is probably 8%.
4. There is no evidence to suggest the average rate of return is any different from 8%.
5. All of the above sound like the same thing to me.

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