Alice Says to Brian, "If I Decide to Buy a Word

question 37

Multiple Choice

Alice says to Brian, "If I decide to buy a word processor next year, I will buy it from you." This is an example of:

• A)an illusory promise.
• B)past consideration.
• C)the pre-existing duty rule.
• D)good consideration.

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Definitions:

Rejecting

In statistical hypothesis testing, the act of concluding that there is enough evidence to discard the null hypothesis in favor of the alternative hypothesis.

T-Test Statistic

A type of inferential statistic used to determine if there is a significant difference between the means of two groups, which may be related in certain features.

Formula

A concise way of expressing information symbolically, as in a mathematical or chemical formula, representing a relationship between variables.

One-Sample Tests

Statistical tests used to compare the mean of a sample to a known value or standard, in order to assess if the sample comes from a population with that specific mean.