Once You Have the Significance Value of the T-Test, It

question 14

Multiple Choice

Once you have the significance value of the t-test, it is beneficial to calculate the effect size. Cohen's d is a measure of effect size. How is it calculated?

• A) (mean 2 - mean 1) / mean of the standard deviation
• B) (mean 2 - mean 1) × mean of the standard deviation
• C) (mean 2 + mean 1) - mean of the standard deviation
• D) (mean 2 / mean 1) + mean of the standard deviation

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Definitions:

Generally Accepted Accounting Principles

A standard framework of guidelines for financial accounting that includes the details, complexities, and legalities of business and corporate accounting.

Audit

An evaluation, typically by an independent entity, to ensure that an organization's financial records and statements are accurate and in accordance with laws and regulations.

Financial Statements

Compiled documents that present an organization’s financial activity and condition, typically including the balance sheet, income statement, and statement of cash flows.

Independent Auditors

Professional auditors who are not employees of the company being audited and provide an unbiased opinion on the truth and fairness of a company's financial statements.