Statistical Reliability Determines Whether Results

question 19

Multiple Choice

Statistical reliability determines whether results:

• A) will occur five percent of the time
• B) occur because of chance
• C) are internally valid
• D) are produced by bias

---

Definitions:

Equity

The value of an owner's interest in a property or a company, after all debts and other obligations have been accounted for.

Accounting

The systematic process of recording, reporting, and analyzing financial transactions of a business.

Information Age

A period in human history characterized by the shift from traditional industry to an economy based on information technology.

Separate Legal Entity

A status that allows a company to operate as its own legal entity, distinct from its shareholders, with rights to sue, be sued, own assets, and incur liabilities.