A Researcher Reports the Following Result for a One-Sample Z

question 27

Multiple Choice

A researcher reports the following result for a one-sample z test at a .05 level of significance: z = 1.88,p = .06 (d = .25) .Is this result significant?

• A)Yes,the decision is to reject the null hypothesis
• B)Yes,because the effect size is large hypothesis
• C)No,the decision is to retain the null hypothesis
• D)No,because the effect size is small hypothesis

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Definitions:

Fixed Costs

Expenses that do not vary with the level of output or sales, such as rent, insurance, and salaries, distinguished by their consistency.

Marginal Costs

The extra cost incurred by producing one additional unit of a product.

Indifferent

A state where an individual or group has no preference or difference in satisfaction among options, showing no bias or partiality towards any choice.

Break Even

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