You Complete a Hypothesis Test Using α =

question 68

Multiple Choice

You complete a hypothesis test using α = .05,and based on the evidence from the sample,your decision is to fail to reject the null hypothesis.If the treatment actually does have an effect,which of the following is true?

• A)You have made a Type I error.
• B)You have made a Type II error.
• C)You might have made a Type I error, but the probability is only 5% at most.
• D)You have made the correct decision.

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Definitions:

Government

The system or group of people governing an organized community, often a state, and the institutions through which policies are set and affairs of state are conducted.

Price Control

Price Control is a government policy or legal stipulation that sets limits on the prices that can be charged for goods and services in a market.

Government

The body or system through which a community, state, or nation is governed, providing order, security, and services to its population.

Market Price

The current price at which an asset or service can be bought or sold in a given market.