You Are the Newly Appointed Business Analyst for a Large

question 16

Multiple Choice

You are the newly appointed business analyst for a large national bank (250000 customers) . At a team meeting, your boss presents the results of a survey of customers regarding their opinion (measured on a ten point scale) of a new financial product. The survey sample (of 500 customers) showed a significant (p = 0.23) level of satisfaction with the new financial product. How should you interpret this result for your boss?

• A) The result is significant and customers are satisfied
• B) The result is not-significant but the small sample size is not important as sample size has no effect on statistical power
• C) The result is not-significant but the small sample size may be missing large differences in customer satisfaction
• D) The result is significant but the small sample size may be missing large differences in customer satisfaction

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Table Datasheet View

A way of displaying data in a database in a grid format, similar to a spreadsheet, where columns represent fields and rows represent records.

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Navigation Pane

A user interface component that provides a structured list or hierarchy, aiding users in navigating through the application.

Vertical Bars

Elements in graphical user interfaces or charts that represent data points, values, or categories vertically.