When You Apply Bonferroni Correction You Need to Recalculate the Alpha

question 4

Multiple Choice

When you apply Bonferroni correction you need to recalculate the alpha value threshold against which you will test your significance results. If you have to make nine comparisons what would the Bonferroni corrected alpha level be?

• A) .06
• B) .006
• C) .050
• D) .012

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Definitions:

Present Value

The present estimate of a forward-looking sum of money or sequence of cash returns, using a determined rate of return.

Ordinary General Annuity

A series of equal payment or receipt amounts that occur at evenly spaced intervals over a fixed period, with payments made at the end of each period.

Present Value

The present value of a sum of money or series of cash inflows expected in the future, calculated using a particular rate of return.

Ordinary General Annuity

An annuity where payments are made at the end of each period, such as monthly or annually, over a specified length of time.