Random Sample of Executives from Companies with Assets Over $1

question 57

Multiple Choice

Random sample of executives from companies with assets over $1 million was selected and asked
For their annual income and level of education. The following MegaStat output summarized the
Results:
Using this output, what conclusions can you draw?

• A) The total size of the sample used was 24.
• B) Since the P-value is 0.0008, there is an 8% chance of these results happening when there is no significant difference in the incomes of these three groups.
• C) Since the calculated F-value is large, and the P-value is so small, there is strong evidence to suggest that the three groups with different levels of education do not all have the same Incomes.
• D) Since the calculated F-value is large, and the P-value is so small, there is strong evidence to suggest that all three groups with different levels of education have the same incomes.

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Definitions:

Fluid Volume Statuses

The condition of the body in terms of the amount of fluids present, either within the cells, blood vessels, or interstitial spaces.

Weigh Patients

The routine practice of measuring a patient's body weight to monitor health, assess nutritional status, or calculate medication dosages.

Hypovolemia

A medical condition characterized by a severe loss of blood or body fluids, leading to decreased blood volume and potential circulatory shock.

IV Infiltration

A medical occurrence where fluid from an intravenous injection leaks into the surrounding tissue.