When Should a Researcher Decide Whether an Alternative Hypothesis Should

question 7

Multiple Choice

When should a researcher decide whether an alternative hypothesis should be one-sided or two-sided?

• A)Before collecting the data.
• B)While the data are being collected, and a pattern begins to emerge.
• C)After the data have been collected and the researcher has had a chance to summarize them to see what direction the results may take.
• D)No single rule will apply to all situations; each one is different.

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Definitions:

Present Values

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Time Lines

Schedules or timelines outlining the sequence and duration of tasks or events.

Cash Flows

The sum of funds flowing in and out of a company, particularly influencing its ability to cover short-term obligations.

Annuities

Financial products that pay out a fixed stream of payments to an individual, typically used as a retirement strategy.