I the Basic Question in Testing the Significance of Rho

question 50

Multiple Choice

i. The basic question in testing the significance of rho is to see if there is zero correlation in the
Population from which the sample was selected.
ii. A t test is used to test the significance of the coefficient of correlation.
iii. When testing the strength of the relationship between two variables, the alternate hypothesis is:
H0: ρ ≠ 0.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Innovation

The creation and development of a new product or service.

Participation Error

The bias or error that can occur in research or decision-making processes when not all relevant parties are included or accurately represented.

Framing Error

The tendency to highlight certain aspects of a situation depending on whether they are positive or negative to solve a problem while ignoring other aspects.

Confirmation Bias

The tendency to seek out information that fuels our preexisting views and to discount information that conflicts with our worldview.