You Complete a Hypothesis Test Using  =

question 79

Multiple Choice

You complete a hypothesis test using  = .05,and based on the evidence from the sample,your decision is to reject the null hypothesis.Which of the following is true?

• A)You have made a Type I error.
• B)You have made a Type II error.
• C)You might have made a Type I error,but the probability is less than 5%.
• D)You have made the correct decision.

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Definitions:

Contract Obligations

Duties that are legally binding and arise from agreements made between parties to perform or refrain from performing certain acts.

Maximum Time Period

The top limit or longest duration that something can continue or be in effect, often specified by law or agreement.

Acceptance of Goods

The act of confirming that the goods received are as per the contract terms, generally marking the completion of a seller's performance obligations.

Scan Function

A process of systematically examining or reviewing a set of data, documents, or systems to identify specific information or characteristics.