Which One of the Following Is FALSE

question 15

Multiple Choice

Which one of the following is FALSE?

• A)Tests of substantive as well as statistical significance should be computed.
• B)Tests of statistical significance should not be computed when studying an entire population.
• C)The assumptions of tests of significance are frequently violated.
• D)Babbie's bias is against tests of significance.
• E)Statistical significance should always be computed with a sample.

---

Definitions:

Marginal Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good or service varies with the quantity produced.

Retail Coffee Price

The price at which coffee is sold to consumers in stores, cafes, or online platforms, reflecting the end cost including production, transportation, and markup.

Optimal Transfer Price

The price that optimizes the overall profit of a company with divisions, ensuring efficient resource allocation within the company.

Marginal Cost

The incremental cost of producing one more unit of a good or service.