If You Run the Pearson Product Moment Correlation on a Set

question 11

Multiple Choice

If you run the Pearson product moment correlation on a set of data and you find a p-value of .02, what can you conclude about your hypothesis?

• A) there is a weak relationship between the variables
• B) there is a moderate relationship between the variables
• C) You should reject the research hypothesis
• D) You should reject the null hypothesis

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Definitions:

Adjustment

An accounting action taken to alter financial statements' figures, ensuring they accurately reflect a business's financial status.

Note Receivable

A written promise for amounts to be received by a debtor, typically including interest amounts.

Interest Earned

The income received from investing in interest-bearing financial instruments, such as bonds, loans, or savings accounts.

Balance Sheet

An accounting record that presents the total value of a corporation's assets, its obligations, and the equity belonging to shareholders, reflecting the company’s financial state at a specific time.