Question
Explain why each of the following statements is either true or false: (a) The computer program gave me a p -value of 0.000, so I
- Explain why each of the following statements is either true or false:
(a)The computer program gave me a p-value of 0.000, so I know that my theory has been verified.
(b)The computer program gave me a p-value of 0.02, so I know that I have found a very strong relationship.
(c)The computer program gave me a p-value of 0.07, so I know that this relationship is due to random chance.
(d)The computer program gave me a p-value of 0.50, so I know that there is only a 50 percent chance of this relationship being systematic.
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
11th Edition
9780132997621, 132149117, 132997622, 978-0132149112
