if the value of the test statistic 2.5 and alpha was set to 5 percent, what would be the conclusion of the test? if the value of the test statistic 2.5 and alpha was set to 5 percent, what would be the conclusion of the test? reject the null hypothesis and conclude that the in-person students retained more terms reject the null hypothesis and conclude that the on-line students retained more terms do not reject the null hypothesis that the two populations of students retain equal number of terms accept the null hypothesis that the two populations of students retain equal number of terms