A Result That Is Not "Statistically Significant" Means That

question 35

Multiple Choice

A result that is not "statistically significant" means that

• A)the null hypothesis is definitely false.
• B)the null hypothesis is definitely true.
• C)we should conclude that the independent variable had no effect whatsoever.
• D)without more information,we should be cautious about concluding that the independent variable had more than a trivial effect.

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Definitions:

Sources

refers to the origins or providers of information, materials, or resources.

Introduction Stage

The stage of the product life cycle that occurs after the firm launches the product into the marketplace and innovators begin to buy it.

Product Life Cycle

The progression of a product through stages of introduction, growth, maturity, and decline, affecting marketing strategy and management decisions.

Profits

Revenue minus total costs.