State Whether You Think the Difference Between What Occurred and What

question 130

Multiple Choice

State whether you think the difference between what occurred and what you would expect by chance is statisticallysignificant.
-There are two candidates for mayor, Maria Hernandez, and Eric Wong. Of 100 people polled, 53 say they will vote for Maria Hernandez.

• A)Not statistically significant
• B)Statistically significant

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Definitions:

Underlying Assumptions

The basic, often implicit, ideas or beliefs that support and inform a thought process or theory.

Value-Based Management

An approach in business that centers on maximizing shareholder value through strategic decision-making and operational efficiency.

Core Values

Fundamental beliefs or principles that guide an organization's or individual's behavior and decision-making.

Constantly Changing

An environment or situation that is continuously evolving or undergoing modifications.