An Experimenter Finds Out That the P-Value in His Study

question 141

Multiple Choice

An experimenter finds out that the p-value in his study is 3 in 100. What does this mean?

• A) His results have a 3 percent chance of being valid.
• B) He has a 3 percent chance of finding these results by chance alone.
• C) He has a 3 percent chance that his hypothesis is correct.
• D) He has a 30 percent chance that his study had good internal validity.

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Definitions:

Intraorganizational Negotiations

Negotiation processes that take place within an organization, involving internal parties or groups to resolve conflicts, allocate resources, or agree on decisions.

Competitive Position

A firm's relative standing or rank in its industry based on its ability to compete on aspects like price, quality, and innovation.

Intraorganizational Negotiations

Negotiation processes that occur within an organization, typically involving internal stakeholders, departments, or groups.

Competitive Position

The standing or ranking of a company, product, or service in the marketplace compared to its competitors, based on factors like market share, strengths, and weaknesses.