Which Best Represents the Correct Meaning of Statistical Significance

question 7

Multiple Choice

Which best represents the correct meaning of statistical significance?

• A) The differences found in sample data may be found in other sample data.
• B) The differences found in sample data may be assumed to exist in the remainder of the sample.
• C) The differences found in the sample may be assumed to exist in the population.
• D) The differences found in the population may be assumed to exist in the sample.
• E) A significant difference means that managers will be able to use the difference in order to develop effective marketing strategies.

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Definitions:

Budget Cutbacks

Reductions in the planned spending of a government, organization, or individual, usually to align expenses with available resources or revenues.

Angry

Feeling or showing strong annoyance, displeasure, or hostility.

Reflecting Feelings

The process of recognizing, understanding, and verbalizing the feelings and emotions expressed by another person.

Descriptive Feeling Words

Words used to explicitly describe emotions or feelings, aiding in the expression of personal experiences.