Which of the Following Levels of Statistical Significance Would Provide

question 85

Multiple Choice

Which of the following levels of statistical significance would provide the most confidence that a sample correlation coefficient would not be interpreted as having a relationship in the population, when, in fact, there is no such relationship?

• A) .10
• B) .50
• C) .01
• D) .05

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Definitions:

General Journal

The primary accounting record where all financial transactions of a business are initially recorded before summarizing.

Cost Effectiveness

An assessment of the financial viability of a project, product, or measure based on the costs incurred versus the benefits achieved.

Flexibility

The capacity to adapt to changing conditions or circumstances in a business or operational context.

Useful Output

The amount of finished product or completed service that is produced and considered of value to the consumer or market.