Daniel Conducted an Independent-Samples T-Test and Found T(20)= 0

question 56

Multiple Choice

Daniel conducted an independent-samples t-test and found t(20) = 0.57,p > .05.He then calculated his effect size and obtained a value of d = 0.02.What should Daniel say in the report on his results?

• A)He should indicate he has obtained a significant test result,with a small effect size.
• B)He should indicate his t-test is not significant,and that his effect size is a small one.
• C)He should indicate his t-test is not significant.He should,therefore,not report his effect size.
• D)He should recheck his calculations because a t-value of 0.57 is not possible.

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Definitions:

Operating Profit

Earnings before interest and taxes (EBIT), representing the profit a company makes from its operations after subtracting operating expenses from revenue.

Sales Mix

The proportion of different products or services that make up the total sales of a company.

Unit Contribution Margin

The amount each unit sold contributes to covering fixed costs and generating profit, calculated by subtracting variable costs per unit from the selling price per unit.

Break-Even Point

The financial point at which total revenues equal total costs and expenses, resulting in no net loss or gain.