When the Null Hypothesis Is Rejected

question 52

Multiple Choice

When the null hypothesis is rejected,

• A) you are stating that there is only one population of research participants.
• B) you are stating that the independent variable had no effect on the dependent variable.
• C) you are stating that nothing null) was found.
• D) you are saying that your finding is statistically significant.

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Definitions:

Payoff Matrix

A table that displays the potential outcomes and strategies for each player in a game, used in game theory to determine the best strategies and predict the actions of the participants.

Duopoly

A market structure dominated by two companies, often resulting in closely competitive or collaborative strategies between them.

High-price Strategy

A pricing approach where goods or services are sold at a higher price point, typically justified by branding, quality, or unique features.

Low-price Strategy

A business approach where a company sets a lower price for its products or services than its competitors to attract more customers and gain market share.