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NEW QUESTION 33
Below is a partial regression output table showing the relationship between a team's point differential and its winning percentage.(Point differential is defined as the difference between the average number of points a team scores per game and the average number of points per game scored against that team.)

Assuming a significance level of 0.01, which of the following p-values would indicate a significant relationship between the two variables?

A. 0.0005B. 0.0500C. 0.1000D. 0.9999

Answer: A

 

NEW QUESTION 34
In an automobile manufacturing factory, selected cars are subjected to a crash test to ensure they meet baseline safety requirements. The null hypothesis of the crash test is that all cars are safe. The manufacturer aims to guarantee that all cars it sells meet the safety requirements. Which type of error is MORE serious for the automobile manufacturer?

A. Type II errorB. Neither Type I nor Type II is serious.C. Type I errorD. Type I and Type II are equally serious.

Answer: A

Explanation:

 

NEW QUESTION 35
Which of the following options is an example of revenue?

A. $10,000 received from a customer for goods purchased a month agoB. $300 received from a customer when they purchased and received an itemC. An order for $3,000 received from a customerD. $20,000 received as a down payment from a customer when they placed their order

Answer: B

 

NEW QUESTION 36
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