In a Journal Article, the Authors Report That the Result

question 262

Multiple Choice

In a journal article, the authors report that the result is significant at the 0.05 level. This means that:

• A) the probability that the result is due to "real" differences between groups is 5 times in 100 repetitions of the study.
• B) the results failed to support the hypothesis of the study, although the researchers may want to do further studies.
• C) the researchers know that the results were not obtained by chance and that the difference between the experimental and the control group is "real."
• D) the probability that the result occurred by chance is extremely low and the probability that the difference is "real" is overwhelming.

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Definitions:

Historical Cost

The original purchase cost of an asset, as recorded in the financial statements, without adjustment for inflation or market changes.

Original Cost

The purchase price of an asset or investment, including all expenses incurred to get the asset ready for its intended use.

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Pay Period

The interval of time for which employee wages are calculated and paid, such as weekly, biweekly, monthly.