If a researcher sets the decision rule p value at .05, what is the probability of making a Type I error?

a.1%
b.5%
c.10%
d.20%


ANS:B

Business

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Which of the following statements is correct concerning variable and fixed costs?

A) Both costs are constant when considered on a per unit basis. B) Variable costs vary in total and fixed costs are constant on a per unit basis. C) Fixed costs are constant in total and variable costs are constant on a per unit basis. D) Variable costs are constant in total and fixed costs are constant on a per unit basis.

Business

Fairness in the treatment of others comes down to

a. taking advantage of others. b. treating others as you would like to be treated. c. not giving others credit for their accomplishments. d. all of these choices.

Business

On January 1, 2015, the Accounts Receivable of Linda, Inc. had a debit balance of $180,000. During January, the company provided services for $700,000 on account. The company collected $230,000 from its customers on account in January

What was the ending balance in the Accounts Receivable account at the end of January? A) $470,000 B) $880,000 C) $650,000 D) $700,000

Business

RICO creates both criminal and civil law liabilities

Indicate whether the statement is true or false

Business