When Analysing the Result of the Paired Samples T-Test, the Output

question 4

Multiple Choice

When analysing the result of the paired samples t-test, the output presents the following box, but what do the results show you?

• A) The correlation value between the two variables is strong, statistically significant and therefore correct to use.
• B) The correlation value between the two variables is moderate, but not statistically significant and therefore should not have been used.
• C) The correlation value between the two variables is weak and not statistically significant and therefore should not have been used.
• D) The correlation value between the two variables is weak, but statistically significant and therefore correct to use.

---

Definitions:

Statement of Comprehensive Income

A financial statement that shows all changes in equity during a period except those resulting from investments by and distributions to owners.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial position.

Non-Cash Items

Expenses charged against revenues that do not directly affect cash flow, such as depreciation.

Generally Accepted Accounting Principles (GAAP)

A framework for a common set of principles, rules, and procedures of accounting.