Generally,the MINIMUM Requirement for Statistical Significance Is That There Is

question 72

Multiple Choice

Generally,the MINIMUM requirement for statistical significance is that there is less than ____ that the observed results are due to chance.

• A) 1 chance in 1000
• B) 5 chances in 100
• C) 20 chances in 100
• D) 50 chances in 100

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Definitions:

Labour Market

The supply and demand for workers, in which employees look for employment and employers seek candidates.

Numerical Estimate

A quantified approximation or prediction about a certain quantity or outcome.

HR Requirements

The specific needs or qualifications an organization requires from its human resources including skills, experience, and education for employment.

Time Horizon

The length of time over which an investment, project, or strategy is planned or expected to occur or be effective.