What Information Can a Confidence Interval Provide That a P-Value

question 30

Multiple Choice

What information can a confidence interval provide that a p-value alone cannot?

• A)The direction of a difference or relationship, if one is concluded to exist.
• B)The amount of variability in the results.
• C)The actual size of an effect such as relative risk of heart attacks.
• D)All of the above.

---

Definitions:

Current Account

The current account is a component of a country's balance of payments that includes the balance of trade, net primary income, and net income from abroad.

Capital Account

The capital account, in international economics, refers to part of a country's balance of payments that records all transactions involving the purchase or sale of assets.

Gold Standard

A monetary system in which the value of a country's currency is directly linked to a fixed amount of gold, allowing for the conversion of currency into a specified amount of gold.

Floating Exchange Rates

A currency valuation system where exchange rates are determined by the free market forces of supply and demand without direct government intervention.