In Terms of Statistical Significance,what Is Considered to Be the Minimum

question 82

Multiple Choice

In terms of statistical significance,what is considered to be the minimum level of probability that scientists will accept for concluding that observed differences are real and not due to chance?

• A).001
• B).05
• C).95
• D).99

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Definitions:

Confidence Interval

A range of values that is used to estimate the true value of a population parameter with a certain level of confidence.

Population Parameter

A population parameter is a numerical value that summarizes or describes a characteristic of the entire population, such as mean, variance, or standard deviation.

Sample Proportion

The fraction of units in a sample that possesses a particular attribute or characteristic.

Population Proportion

The ratio of individuals in a subgroup of a population to the total population, often expressed as a percentage.