Business, 11.01.2020 06:31, kevinh2683
When testing a new treatment, what is the difference between statistical significance and practical significance? can a treatment have statistical significance, but not practical significance?
a. statistical significance is achieved when the result is very unlikely to occur by chance. practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. it is not possible for a treatment to have statistical significance, but not practical significance
b. statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. practical significance is achieved when the result is very unlikely to occur by chance. it is possible for a treatment to have statistical significance, but not practical significance.
c. statistical significance is achieved when the result is very unlikely to occur by chance. practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. it is possible for a treatment to have statistical significance, but not practical significance. your answer is correct.
d. statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. practical significance is achieved when the result is very unlikely to occur by chance. it is not possible for a treatment to have statistical significance, but not practical significance.
Answers: 2
Business, 22.06.2019 13:00, ksteele1
Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators
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Business, 22.06.2019 16:30, piratesfc02
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
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Business, 22.06.2019 19:40, biasmi70
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
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