A Finding That Is Statistically Significant Means That

question 8

Multiple Choice

A finding that is statistically significant means that:

• A)Chance is NOT a plausible explanation for our finding.
• B)Our research hypothesis is true.
• C)Flaws in our research design become less relevant.
• D)All of these.

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Definitions:

Revenue Function

is a mathematical representation that shows how revenue changes in response to changes in sales volumes, prices, or other influencing factors.

Costs

The monetary value spent or required to buy, produce, accomplish, or maintain something.

Environmental Regulations

Rules and standards set by authorities to control the impact of human activities on the environment.

Utilities

Essential services provided by public and private sectors such as water, electricity, gas, and sewer services.