The Ability of a Study to Find a Statistically Significant

question 8

Multiple Choice

The ability of a study to find a statistically significant effect when a genuine effect exists is called ______.

• A) power
• B) prediction
• C) probability
• D) performance

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Definitions:

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an equal annual amount.

Net Working Capital

The difference between a company's current assets and current liabilities.

Variable Costs

Expenses that change in proportion to the activity of a business such as costs for raw material which increase as production increases.