What Are the Two Decisions That Researchers Can Make in Hypothesis

question 64

Multiple Choice

What are the two decisions that researchers can make in hypothesis testing?

• A) accept or reject the null hypothesis
• B) retain or reject the null hypothesis
• C) accept or reject the null hypothesis and retain or reject the null hypothesis

---

Definitions:

States of Nature

Possible scenarios or outcomes in decision theory, which are not under the control of the decision-maker.

Payoffs

The outcome or benefit received from a decision or action, often used in the context of games or economic transactions.

Decision Alternative

An available option or course of action that can be taken in a decision-making process.

Expected Monetary Value

A calculation used in decision-making to determine the average outcome when the future includes scenarios that may or may not happen.