In T-Test, If the Resultant T Value Is 2

question 56

Multiple Choice

In t-test, if the resultant t value is 2.72 and p<.05, what is the interpretation?

• A)There is a statistical significance in the test.
• B)There is no statistical significance in the test.
• C)unknown
• D)not sure

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Definitions:

Aggregate Planning Strategies

Approaches used by management to develop plans to meet production requirements, considering workforce size, inventory levels, and production rates.

Competitor

An individual or organization that competes against others in the same industry or market for customers, sales, or resources.

Capacity Option

An approach within operations management to adjust and allocate resources and production capability to meet fluctuating demand.

Basic Option

An entry-level or minimal-feature version of a product or service that serves as a starting point for customization or upgrades.