When Any Observed Difference in Findings Is Large Enough That

question 55

Multiple Choice

When any observed difference in findings is large enough that it is unlikely to have occurred due to mere chance, it is

• A) statistically significant
• B) managerially significant
• C) both statistically and managerially significant

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Definitions:

Fallacy

A mistaken belief or error in reasoning often resulting in a weak argument.

Consequent

The second part of a conditional statement, which is the result or outcome that follows from the condition stated in the first part (the antecedent).

Proposition

A statement that expresses a judgement or opinion which can be either true or false.

Modus Ponens

A logical argument form where if a conditional statement ("if p then q") and its antecedent (p) are true, then the consequent (q) is also true.