After Rigorous Statistical Analyses Have Shown a Very Low Likelihood

question 87

Multiple Choice

After rigorous statistical analyses have shown a very low likelihood (usually 5% or less) of a result having occurred by chance alone, the result is said to be ____.​

• A) quantitatively probable​
• B) ​probably random
• C) ​statistically significant
• D) ​due to sampling error
• E) ​statistically probable

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Definitions:

Holder In Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.

Acceptor

The person (the drawee) who accepts a draft and who agrees to be primarily responsible for its payment.

Ordinary Holder

An ordinary holder in financial contexts refers to an individual or entity that legally possesses a negotiable instrument, like a check or draft, without necessarily having any special rights, claims, or defenses related to it.

HDC Rights

Rights afforded to a Holder in Due Course, who has obtained a negotiable instrument in good faith and is protected from certain defenses in collection.