Question
A researcher conducts a study on the effects of different money saving techniques on time taken to pay off a student loan. The researcher randomly
A researcher conducts a study on the effects of different money saving techniques on time taken to pay off a student loan. The researcherrandomly assignsparticipants intooneof three conditions: Technique A, Technique B, or Technique C. The researcher measures (in months) the amount of time it takes each group to pay off their student loan. The alpha level used is 0.01.
What does it mean if all participants in Technique B are accountants and no accountants are in the other groups?
Group of answer choices
A) The group should be tested more than the other groups to get better results.
B) Technique B will do better.
C) It is a confounding variable.
What is a likely p-value for the results of the study if a Type I error is committed?
Group of answer choices
A) p = 0.09
B) p = 0.055
C) p = 0.01
D) p = 0.4
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