The Level of Significance Required in Most Circumstances to Conclude

question 2

Multiple Choice

The level of significance required in most circumstances to conclude that a relationship is "statistically significant" is:

• A) p < .05
• B) p > .05
• C) r = .25
• D) r > .001
• E) None of the above

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Definitions:

Innovation

The act of converting a concept or innovation into a product or service that adds value or is something consumers are willing to purchase.

New Idea

An original concept, thought, or innovation that has not been previously considered or implemented.

Lack of Information

A situation where insufficient or no data is available to make informed decisions or understand a situation fully.

Disruptive Innovation

Innovation that creates products or services that become so widely used that they largely replace prior practices and competitors.