If There Is Less Than a 5 Percent Probability That

question 212

Multiple Choice

If there is less than a 5 percent probability that a study's findings are due to chance, the findings are said to be:

• A) statistically accurate.
• B) statistically significant.
• C) statistically insignificant.
• D) statistically questionable.

---

Definitions:

Diminishing Marginal Utility

A principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction a person gains from consuming one more unit.

Prospect Theory Loss Aversion

A concept from behavioral economics indicating that people feel the pain of losing money more acutely than they feel the pleasure of gaining the same amount.

TRIN Ratio

Also known as the Arms Index, this technical analysis indicator compares the number of advancing and declining stocks to the volume of advancing and declining stocks, used to gauge overall market sentiment.

Bearish Signal

An indication in financial markets that the price of an asset is expected to decline.