If the Results of a T Test Include the Statement

question 27

Multiple Choice

If the results of a t test include the statement that "p > .01," then

• A) you will fail to reject H₀.
• B) you will reject H₀.
• C) your obtained t-value has a low probability of occurrence.
• D) you have gained support for H₁.

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Definitions:

Payments

Amounts of money transferred from one party to another as fulfillment of a financial obligation.

Life Annuity

An insurance product that provides the holder with a series of payments for the remainder of their life, in exchange for an initial lump sum payment.

Term Annuity

An annuity that provides regular payments over a fixed period of time, after which payments cease.

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal at the end of each month, increasing the subsequent month's interest amount.