Which Best Represents the Correct Meaning of Statistical Significance of Differences

question 59

Multiple Choice

Which best represents the correct meaning of statistical significance of differences?

• A)The differences found in sample data may be found in other sample data.
• B)The differences found in sample data may be assumed to exist in the remainder of the sample.
• C)The differences found in the sample may be assumed to exist in the population.
• D)The differences found in the population may be assumed to exist in the sample.
• E)A significant difference means that managers will be able to use the difference in order to develop effective marketing strategies.

---

Definitions:

Sales Account

A record or agreement defining the relationship and transactions between a buyer and a seller, often including terms of sale, credit limits, and purchase history.