If an Inferential Statistic's Calculated Value Is Statistically Significant,that Means

question 5

Multiple Choice

If an inferential statistic's calculated value is statistically significant,that means:

• A)the result is very important
• B)there is a strong association between two variables
• C)the alpha level was met
• D)all of the above

---

Definitions:

Euro

The official currency of 19 out of the 27 European Union countries, which forms the Eurozone.

Potential Arbitrage

An opportunity to buy an asset at a low price in one market and sell it at a higher price in another, profiting from the difference.

Generalized Fisher Effect

The theory suggests that the real interest rate is independent of monetary measures, relating nominal interest rates in one country to expected inflation rates.

Triangle Arbitrage

A method of profiting from the inconsistency in exchange rates between three currencies in the foreign exchange market by converting them sequentially.