If We Adopt a 95 Percent Level of Confidence,we Need

question 18

Multiple Choice

If we adopt a 95 percent level of confidence,we need a P value to be significant (i.e. ,flag is waving) if it is:

• A)less than .05.
• B)less than or equal to .05.
• C)greater than .05.
• D)greater than or equal to .05.
• E).90 or greater.

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Definitions:

Natural Resources

Naturally occurring items, including minerals, woodlands, aquatic sources, and fertile earth, that can be leveraged for financial gains.

Financial Institutions

Organizations that provide financial services, such as banks, credit unions, insurance companies, and investment firms.

Capital

Financial assets or the financial value of assets, such as factories and machinery, essential for producing goods and services.

National Income

The total value of all goods and services produced by a country's economy over a specific period, usually measured annually.