The Statement, "The Change Was Statistically Significant at the

question 13

True/False

The statement, "The change was statistically significant at the .05 level" means that there are only 5 out of 100 chances that the treatment did not cause the change.

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Definitions:

Increase Or Decrease

Terms used to describe a change in value or quantity, either going up (increase) or going down (decrease).

Net Income

The profit of a company after all expenses and taxes have been deducted from total revenue, indicating the company's financial performance over a period.

Net Cash Flow

The difference between a company's cash inflows and outflows within a given period, indicating the company's cash liquidity.

Accounts Receivable

Payables to a company from clients for the use or delivery of goods or services, not yet reimbursed.