Which of the Following Is True About Type I Errors

question 2

Multiple Choice

Which of the following is true about Type I errors?

• A) Considered only when results are not statistically significant in a study
• B) Extremely likely to happen when p is less than 0.001
• C) More likely to happen when p is less than 0.01 rather than p is less than 0.05
• D) Occur when the researcher says there is a significance, but findings are actually not statistically significant

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Definitions:

Total Value

The complete worth of an asset, business, or investment, taking into account all forms of value including monetary, strategic, and intrinsic.

Operating Characteristics

Features of a business or a system that influence its capacity to generate profit or achieve its operational goals.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity used to finance its overall operations and growth.

Nature of Assets

The inherent characteristics that define the resources owned by a business, potentially providing economic value or benefit in the future.