Which of the Following Statements About the P-Value of an ANOVA

question 19

Multiple Choice

Which of the following statements about the p-value of an ANOVA test is not true?

• A)The p-value for an ANOVA test is the probability of getting an F-statistic as small as or smaller than the observed value, assuming the null hypothesis is true.
• B)The p-value for an ANOVA test is the probability of getting an F-statistic as large as or larger than the observed value, assuming the null hypothesis is true.
• C)A very small p-value for an ANOVA test suggests that at least two population means are different.
• D)A large p-value for an ANOVA test suggests that there is no evidence of differences among the population means.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, often used in statistics to quantify the volatility of a financial instrument.

Probability Distribution

An analytic function detailing the entire set of potential outcomes and their probabilities for a random variable within a certain range.

Global Minimum Variance Portfolio

An investment portfolio constructed to achieve the lowest possible risk (variance), given a set of securities.

Standard Deviation

Standard Deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values.