Which of the Following Is True

question 49

Multiple Choice

Which of the following is true?

• A)The smaller the P-value, the stronger is the evidence against the null hypothesis.
• B)For fixed sample size, increasing the alpha error increases the beta error.
• C)If the type I error is held constant, increasing the sample size increases the type II error.
• D)The power of a test equals a + b.

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Definitions:

Extra Benefits

Additional advantages or services provided beyond the standard or expected, often included in employment contracts, insurance policies, or membership programs.

Extra Costs

Expenses that are not anticipated, often occurring outside of normal or planned operating expenses.

Scarce Resources

Resources that are limited in supply, which can lead to competition for their use or access.

Economic Wants

Economic wants are desires that can be satisfied through the consumption of goods and services, which are often influenced by factors such as income, taste, and cultural trends.