When Is a Research Result Impressive?​

question 128

Multiple Choice

When is a research result impressive?​

• A)If the p value is large and the 95 percent confidence interval is large.
• B)​If the p value is large and the 95 percent confidence interval is small.
• C)​If the p value is small and the 95 percent confidence interval is.large
• D)​If the p value is small and the 95 percent confidence interval is small.

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Definitions:

High-low Method

A method employed in accounting that calculates variable and fixed expenses by analyzing the maximum and minimum activity levels.

Variable Manufacturing Cost

Costs that vary in direct proportion to the changes in production volume, including direct materials, direct labor, and variable manufacturing overhead.

Monthly Production Volume

The total number of units a company manufactures or produces in a month.

Least-squares Regression

A statistical method used to determine the line of best fit by minimizing the sum of squares of the differences between observed values and the values predicted by the model.