A .05 Level of Significance Means That

question 73

Multiple Choice

A .05 level of significance means that

• A)there is only a 5% chance that the statistic's value could be obtained as a result of sampling error only.
• B)one is 50% certain that the sample value is representative of the population.
• C)there is only a 5% chance that the variables tested are not independent.
• D)the results can be accepted because the sampling error is only 5%.
• E)the level of confidence is only 5%.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Valuation Measures

Techniques or methods used to assess the worth or value of a business, asset, or investment, often based on financial metrics or future earning potential.

Accounting Standards

Rules and guidelines established by authoritative bodies that govern how financial transactions and events are reported in financial statements.

IASB

The International Accounting Standards Board, responsible for developing and issuing International Financial Reporting Standards (IFRS).

Fair Value Measurement

Fair value measurement is the process of estimating the price at which an asset or liability could be exchanged in an orderly transaction between market participants at the measurement date.