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Answer the questions that follow this SPSS output:
Your null hypothesis is "In the population, the average SAT score is 1000." ( )
A) State the research hypothesis being tested.
B) Is this a one-tailed or two-tailed hypothesis?
C) Are your sample results consistent with the null hypothesis or the research hypothesis? (null / research)
D) What is the probability of getting the sample results you got if the null hypothesis is true? (If this step in hypothesis testing can be skipped, write the word "SKIP".)
E) What is your conclusion? (In other words, do you "reject" or "not reject" the null hypothesis based on these results?)
F) Are your results statistically significant? (yes / no)
G) You can be 95% sure that the true average number of hours spent using the Internet for the population is between __________ and __________.
Variable Costs
Costs that vary in direct proportion to changes in the level of production or sales volume, such as materials and labor.
Break-Even Analysis
A calculation to determine the point at which revenue received equals the costs associated with receiving the revenue, helping businesses to identify profitability thresholds.
PERT
An acronym for Project Evaluation and Review Technique, a project management tool used to plan, schedule, and control large projects.
Performance Milestone
Specific goals or targets reached in the progression of a project or performance of an individual or team, marking significant achievements or stages of development.
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