Your Research Hypothesis Is That There Is an Association (As

question 3

Multiple Choice

Your research hypothesis is that there is an association (as indicated by Cramer's V) between race and highest educational degree. Based on the following output, the sample results are consistent with the _____, the significance level is _____, and the null hypothesis is _____.
$$\begin{array}{l}\text { Symmetric Measures }\\\begin{array} { | l l | r | r | } \hline & & \text { Value } & \text { Approx, Sig. } \\\hline \text { Nominal by Nominal } & \text { Phi } & .278 & .000 \\& \text { Cramer's V } & .196 & .000 \\ { \mathrm { N } \text { of Valid Cases } } & & 450 & \\\hline\end{array}\end{array}$$

• A) null hypothesis … .000 … not rejected
• B) null hypothesis … skipped … rejected
• C) research hypothesis … .000 … rejected
• D) research hypothesis … skipped … not rejected

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Definitions:

Debits

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in an expense on the income statement.

Debt Ratio

A financial ratio that compares the amount of debt a company has to its total assets.

Risk

The potential for loss or the chance that an investment's actual return will differ from the expected outcome.

Debts

Money owed by one party to another, which is to be repaid according to terms agreed upon by both parties.