Using the Sign Test, with N = 15 and a =

question 64

Multiple Choice

Using the sign test, with N = 15 and a = 0.05 2-tail , if H 0 is true, the probability of making a type I error equals _________.

• A) 0.0042
• B) 0
• C) 0.05
• D) 0.0352
• E) none of these

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Definitions:

Managerial Bonuses

Financial rewards given to managers above their regular pay, typically linked to performance or organizational success.

Technical Information

Detailed data and knowledge about specific processes, designs, systems, or products, often requiring specialized understanding or expertise.

Creative Individuals

Persons who have the ability to think outside the box and produce ideas or solutions that are novel and valuable.

Social Approval

The acceptance or endorsement by others in a social context, often influencing behavior and self-esteem.