6.80 Impact of on the P-value. We can also study the P-value using the Statistical Significance applet. Reset the applet to the default settings for the null (μ = 0) and the alternative (μ > 0) hypotheses, the sample size (n = 10), the standard deviation (σ = 1), and the significance level (α = 0.05). In the “I have data, and the observed is =” box, enter the value 1. What is the P-value? It is shown at the top of the blue vertical line. Repeat for equal to 0.1, 0.2, 0.3, 0.4, 0.5, 0.6, 0.7, 0.8, 0.9. Make a table giving and P-values. How does the P-value change as moves farther away from μ₀?