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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Judy,age 68,is receiving Social Security benefits.She received $45,000 in consulting income this year.Her Social Security benefits [will | will not] be reduced because of these earnings.
Standard Error
The standard deviation of the sampling distribution of a statistic, often used to calculate confidence intervals or test hypotheses.
Null Hypothesis
The default position that there is no difference or effect and that any observed differences are due to chance.
Probability
The quantification of an event's chances of occurring, given as a number from 0 to 1.
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