If an ANOVA Test Is Conducted and the Null Hypothesis

question 53

Multiple Choice

If an ANOVA test is conducted and the null hypothesis is rejected,what does this indicate?

• A)The p-value is greater than α.
• B)The population means are equal.
• C)At least one pair of population means is different.
• D)All population means are different.

---

Definitions:

Nobel Prize

An international award given annually in several categories such as literature, peace, and various sciences, recognizing outstanding contributions to humanity.

Daniel Kahneman

A renowned psychologist and economist known for his work in the field of behavioral economics, particularly his research on decision-making and risk-taking.

Neoclassical Economics

An economic theory that focuses on how supply and demand balance to allocate resources efficiently in markets.

Behavioral Economics

A field of study that analyzes how psychological, cognitive, emotional, cultural, and social factors affect economic decision-making processes.