The Significance of Probability Is Usually Expressed as a Value

question 25

Multiple Choice

The significance of probability is usually expressed as a value occurring somewhere between 0 and 1. Which of the following would be considered the most highly significant in statistical terms?

• A) .1
• B) .05
• C) .025
• D) .01*

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Definitions:

Career Benefits

Advantages or gains that arise from professional growth, such as increased salary, job satisfaction, or promotion opportunities.

Mentoring

Mentoring is a personal developmental relationship in which a more experienced or more knowledgeable person helps to guide a less experienced or less knowledgeable person.

On-the-Job

Training or learning that takes place within the actual work environment, allowing employees to gain job-specific skills while working.

Basic

Referring to the fundamental or foundational elements of a subject or discipline, often essential for understanding more advanced concepts.