Question: If we obtain a p value from a statistical test at < 1%, an observations are found statistically significant at this level, how often would

If we obtain a "p" value from a statistical test at < 1%, an observations are found statistically significant at this level, how often would the observed differences occur by chance? A) 1 in 5 B) 1 in 10 C) 1 in 20 D) 1 in 100 E) 1 in 200

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Algorithms in Artificial Intelligence (or, the old name: Introduction to Algorithmic Decision Making) Part 1 Based on slides by David Sarne and Lirong Xia Course Tentative Schedule Introduction...

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

SUMMARY this journal, the length of it should not be more than 2 pages, with 1.5 spacing size 12 Times New Rome. Available online at www.sciencedirect.com Journal of Empirical Finance 15 (2008) 199 -...

Please answer the following questions in order. CHAPTER 17 & 20 One-sample t test Note: For this set of multiple-choice questions, we assume the distributions of x and x are Normally distributed. In...

please answer the following questions in order. CHAPTER 17 & 20 One-sample t test Note: For this set of multiple-choice questions, we assume the distributions of x and x are Normally distributed. In...

This is an example only. You will need to expand on each section. This example should only be used as a guide and for correct format. Refer to the end of each chapter in your textbooks and the...

Here is what I need help with "What type of study design is used? Explain." "Does the study design accurately test the null hypothesis?" "Is the correct statistical test used to analyze the data?...

Project Proposal: Writing Results and Discussion Option 1 Instructions Option 1: This assignment includes 4 simulated research studies. A summary is provided for each study that includes the problem,...

Running head: SEXUAL EDUCATION MODELS IN THE UNITED STATES Sexual Education Models in the United States and their Impact on Sexual Attitudes and Behaviors DePaul University 1 SEXUAL EDUCATION MODELS...

What is the advantage of using statistical methods in sampling and evaluating the results of audit tests?

Ratios and Fixc4 Assets The Richmond Company has a long-term debt ratio of .60 and a current ratio of 1:30. Current liabilities are $980, sales are $5,105, profit margin is 95 percent, and ROE is...

Exercise Case Study 1 1 - 1 : Team Performance Management at American Electric and Gas 1 . Consider how AE&G assesses performance. Given its goal of enhancing team performance, which aspects of the...

Punch Manufacturing Corporation owns 80 percent of the common shares of Short Retail Stores. The companies balance sheets as of December 31, 20X4, were as follows: Assets Cash. Accounts Receivable....

The following scheme is adapted from the total synthesis of EBC-23 by Williams and co-workers. i) n-BuLi TMSO S. S. ii) ? TMS 2 3 4 | iv) v) NABH4 Et,BOMe TSOH 12 12 7 6 5 b) Identify two types...

4. 3500 people competed in an ironman race, John finished 805th, What was John's percentile rank?

Calculating the WACC In the previous problem, suppose the companys stock has a beta of 1.2. The risk-free rate is 3.1 percent, and the market risk premium is 7 percent. Assume that the overall cost...

You are calculating a confidence interval for the population proportion. The sample you took had a sample size of 3652 and a proportion of 0.173. What is the standard error you use for the confidence...

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

=+) What can you conclude? Explain.

=+a) What are the null and alternative hypotheses?

=+77. Employee athletes. An ergonomics consultant is engaged by a large consumer products company to see what they can do to increase productivity. The consultant recommends an employee athlete...