Ratio Variables Have the Following Characteristics

question 3

Multiple Choice

Ratio variables have the following characteristics:

• A)Meaningful order
• B)An inherently defined zero value
• C)Categorical in nature
• D)Predictable

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Definitions:

Statistically Significant

A determination that a relationship observed in a dataset is unlikely to have occurred by chance, according to a predefined significance level.

Significance Level

This is the probability of rejecting the null hypothesis when it is true, usually denoted by alpha (α), and used as a threshold for determining statistical significance.

Null Hypothesis

A hypothesis that states there is no significant difference or effect, typically to be tested against an alternative hypothesis.

Expected Number

A statistical term referring to the calculated average or mean value anticipated in a probability distribution or experiment.