Statistical Significance Means

question 14

Multiple Choice

Statistical significance means

• A)the results are highly important
• B)there is a reasonable level of certainty that results are not due to chance
• C)there is a reasonable level of importance that can be attached to the results
• D)you have chosen the correct statistic and it was powerful enough to provide accurate results

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Definitions:

Corporate Policy

Guidelines or principles set by a company to direct the actions and decision-making of its employees and management.

Outcome-Based Ethics

An ethical framework that focuses on the results or consequences of actions to determine their moral value, rather than the actions themselves.

Potential Benefits

The possible advantages or positive outcomes that may result from a particular action or policy.

Decision Makers

Individuals or groups responsible for making choices that set a course of action for themselves or an organization.