Which of the Following Employment Statistics About Small Businesses Is

question 29

Multiple Choice

Which of the following employment statistics about small businesses is true?

• A) Small businesses create about 15% of all new jobs in the U.S.
• B) The number of women owning small businesses has remained constant.
• C) A great majority of American workers find their first jobs with a small business.
• D) Growth of minority-owned businesses in the U.S. is declining.

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Definitions:

P-Value

The p-value measures the evidence against the null hypothesis, indicating the probability of observing the test results under the null hypothesis.

Two-Tailed

Pertains to a type of hypothesis test where the area of interest is in both tails of the distribution, indicating that deviations from the null hypothesis in either direction are considered.

Alternative Hypothesis

In statistical hypothesis testing, it is the hypothesis that suggests there is a significant difference between the parameters of two or more populations.

Status Quo

The current state or condition of affairs, often referred to in discussions about change.