If an Experiment Produces a Result Having a P Value

question 12

Multiple Choice

If an experiment produces a result having a p value less than 0.05,what is the probability that any differences found would have been observed even if the null hypothesis is true?

• A) Less than 1 chance in 10
• B) Less than 1 chance in 20
• C) Less than 1 chance in 100
• D) Less than 1 chance in 200

---

Definitions:

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, showing revenues, expenses, and profits or losses.

Horizontal Analysis

A financial analysis technique that compares line items in financial statements over a period of time to identify trends and growth patterns.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased in percentage terms from the original figure.

Horizontal Analysis

Comparative financial analysis technique that views financial data over multiple periods to identify trends and growth patterns.