Which of the Following Statements Is True If a Study

question 72

Multiple Choice

Which of the following statements is true if a study measures two groups on each of 27 variables,and the experimenter carries out a t test for independent means for each variable (that is,27 t tests) using the .05 significance level?

• A)If any of the t tests are significant,there is clearly a difference between groups on all variables at the overall .05 level.
• B)It is not proper to carry out any t tests in this situation.
• C)The chance of a Type II error is high.
• D)The chance of at least one t test being significant is greater than 5%.

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Money or other assets that the owner withdraws from the business for personal use.

Cash Receipts Journal

A financial journal that records all cash inflows or money received by the business.

Other Accounts Column

A section in accounting ledger books or financial statements designed to capture data that does not fit into the standard accounts categories.

Sundry Accounts Column

A column in financial records used for recording miscellaneous transactions that are not frequent or significant enough to warrant their own dedicated account.