If P-Value of a Statistical Test Is 0

question 31

Multiple Choice

If p-value of a statistical test is 0.09 and a 95% confidence interval, you

• A) should reject the null hypothesis (i.e., significant result).
• B) should fail to reject the null hypothesis (i.e., not significant result).
• C) accept the alternate hypothesis.
• D) have insufficient evidence to either reject or fail to reject the null hypothesis.

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Definitions:

Market Rates

The average or expected pay for a specific job role in the employment market.

Hybrid Compensation-Level Strategy

A remuneration approach that combines elements of both fixed salaries and variable pay based on performance.

Industrial Sectors

Categories of the economy based on the type of activity performed, such as manufacturing, service, agriculture, and technology.

Employee Groups

Categories or clusters of employees within an organization who share similar job functions, levels, or characteristics.