A Researcher Used a Sample of N = 50 Individuals

question 67

Multiple Choice

A researcher used a sample of n = 50 individuals to determine whether they are any preferences between two new designs for a smart phone.If the data produce a chi-square statistic of χ² = 6.00 what decision should the researcher make?

• A)There is a significant preference at both α = .05 and α = .01.
• B)There is a significant preference at α = .05 but not at α = .01.
• C)There is no significant preference at either α = .05 or α = .01.
• D)There is no significant preference at α = .05 but there is at α = .01.

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Definitions:

Gross Domestic Product

The total value of all goods and services produced within a country's borders over a specified period, indicating the size of its economy.

Monetary Value

The worth of goods, services, or products in terms of the amount of money they can be exchanged for or the amount of currency they represent.

Products and Services

The combination of physical items and intangible activities that satisfy consumer needs and wants.

Countertrades

Alternative financial arrangements in international trade where goods and services are exchanged directly for other goods and services without the use of cash.