One Can Say That the Results of a Study Are

question 117

Multiple Choice

One can say that the results of a study are not statistically significant when the results ____.

• A) could reasonably be expected to have occurred by chance
• B) are extremely unlikely to have occurred by chance
• C) are not scientifically valuable
• D) are extremely unlikely to have occurred by chance and are not scientifically valuable

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Definitions:

Financial Capital

The funds provided by lenders (and investors) to businesses to purchase real capital equipment for producing goods/services.

Labor Supply Curve

A visual chart that displays how the wage rate correlates with the amount of labor that workers are prepared to offer.

Substitution Effect

The economic principle that as prices rise, consumers will replace more expensive items with less costly alternatives.

Income Effect

The impact that changes in either personal or economic income have on how much of a good or service is sought after.