Imagine That a Researcher Conducts a Study and Finds a Statistically

question 26

Multiple Choice

Imagine that a researcher conducts a study and finds a statistically significant correlation between eating pizza and aggression. However, there is no real association between eating pizza and aggression in the population. What kind of error has this researcher made?

• A) Type I
• B) Type II
• C) Type III
• D) correlational

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Definitions:

FASB

Stands for the Financial Accounting Standards Board, which is responsible for establishing and improving financial accounting and reporting standards in the United States.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

CPA

Certified Public Accountant, a professional designation given to accountants who pass a licensing examination and meet other state requirements.