If the Level of Significance Is 0

question 64

Short Answer

If the level of significance is 0.001,this means that the results are due to chance factors 1 in _____ times?

---

Definitions:

Consumption

The utilization of goods and services by households or individuals to satisfy their needs and wants.

Grain

The small, hard seeds of cereal plants like wheat, rice, and corn, used as a primary source of food for humans and animals.

Rats

Small mammals known for their sharp teeth, keen sense of smell, and often considered pests in many societies, but also used extensively in scientific research.

Utility Functions

Functions that quantify the satisfaction a consumer derives from consuming quantities of goods and services, used in economic analysis to understand consumer behavior.