If We Reject a Null Hypothesis of "No Difference" at the 0.05

question 29

Multiple Choice

If we reject a null hypothesis of "no difference" at the 0.05 level________.

• A) the odds are 20 to 1 in our favor that we have made a correct decision
• B) the null hypothesis is true.
• C) the odds are 5 to 1 in our favor that we have made a correct decision.
• D) the research hypothesis is true.

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Definitions:

Return on Investment

A financial metric that measures the profitability of an investment by dividing the gain from the investment by its cost.

Productivity

A measure of efficiency that quantifies the amount of goods and services produced per unit of labor, capital, or other resources.

Strategic HRM

Interrelated philosophies, policies, and practices that facilitate the attainment of organizational strategy.

Organizational Survival

The ability of an organization to continue to operate and remain viable over time, often amidst competition and changing market conditions.