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The term "statistical significance" is commonly applied to a p-value of

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The term "statistical significance" is commonly applied to a p-value of

Question 1.

Assume a study indicates that attending a class on blackjack strategy improved average winnings by 50 percent. If the null hypothesis is true and the p-value for the 50 percent improvement in winnings is 0.04, then there is a ________ chance of improving your blackjack winnings by 50 percent.

▸ 0.2 %

▸ 0.4%

▸ 4%

▸ 20%

Question 2.

The term "statistical significance" is commonly applied to a p-value of

▸ ≤ 0.05.

▸ ≤ 0.10.

▸ ≥ 0.5.

▸ ≥ 1.

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 446 times

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