The Amount of Income You Receive from Old Age Security

question 9

True/False

The amount of income you receive from Old Age Security when you retire is dependent on the number of years you were a resident of Canada, a minimum of 10 to a maximum of 40 for full benefits.

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Definitions:

P Value

A statistical measure that helps scientists determine the significance of their research results, indicating the probability of obtaining an effect at least as extreme as the one in your sample data if the null hypothesis were true.

T Value

In hypothesis testing, it is the calculated value used to compare against a critical value to decide whether to reject the null hypothesis.

Variance

A numerical indicator that shows the distribution or variability of a dataset around its average value.

SPSS Output

The results and data analyses generated by the Statistical Package for the Social Sciences software after processing information.