If the Probability of Your Finding Is Greater Than 10

question 113

Multiple Choice

If the probability of your finding is greater than 10%, you are likely to conclude:

• A) the finding is statistically significant.
• B) the finding did not occur by chance.
• C) the finding has no relationship to a similar study.
• D) the finding is not statistically significant.

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Definitions:

Countercyclical Payments

Government payments in the agricultural sector that increase when market prices are low and decrease when market prices are high, intended to stabilize farmers' incomes.

Agricultural Risk Coverage

A policy program in the United States providing income support to farmers against lower revenue from drops in market prices or yields.

Economic Effects

The impact of economic activities and policies on the overall condition of the economy, including effects on growth, inflation, and employment.

Government Price Supports

Programs or policies implemented by a government to maintain the market price of a good or service at a certain level.