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:

Building Block

Predefined pieces of content or document parts that can be reused to streamline document creation in word processing software.

First Cell

The first cell is typically the top-left cell in a spreadsheet or table, often referenced as cell A1 in spreadsheet applications.

Accompanying Figure

A visual element, such as a chart or image, that is provided alongside text to illustrate or clarify content.

TAB Key

A key on a keyboard used to advance the cursor to the next tab stop, indent lines, or navigate through fields in a form.