When Using the 'Standard Deviation Rule' to Test the Differences

question 80

Multiple Choice

When using the 'Standard Deviation Rule' to test the differences in selection rates among groups, if the difference in means is greater than ________ standard deviations, the difference in means is considered to be significant between the two groups.

• A)1.0
• B)1.64
• C)1.96
• D)2.55

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Definitions:

Primary Tool

The main instrument or device used to accomplish a task or achieve a goal.

Market Value Ethics

A principle that considers ethical actions in the marketplace as those that maximize the value for all stakeholders involved.

Utilitarianism

is an ethical theory that suggests the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Ethical Relativism

The belief that morality is relative to the norms of one's culture, meaning that what is considered moral in one society may be considered immoral in another.