If the Results of a Correlational Study Were Reported as R(12)

question 34

Multiple Choice

If the results of a correlational study were reported as r(12) = -.32, p > .05, then you would know that subjects participated in the study.

• A)10
• B)14
• C)13
• D)12

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Definitions:

Opportunity Cost

The sacrifice of possible benefits from other options when selecting a specific one.

Standard Variable Cost

The anticipated cost of variable inputs (like labor and materials) for producing one unit of product or service under standard operating conditions.

Profit Centre

A business unit or department within an organization that is responsible for generating its own revenue and profits, allowing for easier tracking of financial performance.

Company-Owned Restaurant

A restaurant that is directly owned and operated by the company or brand itself, rather than by a franchisee or independent operator.