Author Question: Which of the following would be an appropriate interpretation of a p-value? a. A p-value of p < ... (Read 43 times)

jayhills49 · **on:** Jun 28, 2018

Which of the following would be an appropriate interpretation of a p-value?
a. A p-value of p < 0.0001 is 'highly significant' and therefore much more valid than a p value of 0.05.
b. When a null hypothesis is rejected at some predetermined p level, sampling error is an unlikely explanation of the results, given that the null hypothesis is true.
c. When a p-value shows significance, managerial and practical significance can be assumed.
d. The probability that the research hypothesis is true is equal to 1 minus the p-value.
e. A p-value represents the probability that the results occurred because of sampling error.

Question 2

Which of the following is NOT a priority to users of retail apps?
a. Three or more notifications per store visit.
b. The ability to get things done in just a few steps.
c. Price checking.
d. The ability to earn loyalty points by using the apps.