[amp_mcq option1=”greater than 5%” option2=”equal to 5%” option3=”less than 5%” option4=”less than 2%” correct=”option3″]<\/p>\n
The correct answer is C. less than 5%.<\/p>\n
A statistically significant result is one that is unlikely to have occurred by chance. In statistics, the p-value is a measure of the probability of obtaining a result at least as extreme as the one observed, given that the null hypothesis is true. A p-value of less than 0.05 is generally considered to be statistically significant. This means that there is a less than 5% chance that the observed result could have occurred by chance, if the null hypothesis were true.<\/p>\n
In the context of the question, the slope coefficient of beta is a measure of the relationship between two variables. If the p-value for the slope coefficient is less than 0.05, then we can conclude that there is a statistically significant relationship between the two variables.<\/p>\n
Option A is incorrect because a p-value of greater than 5% indicates that the observed result is not statistically significant.<\/p>\n
Option B is incorrect because a p-value of equal to 5% is not statistically significant.<\/p>\n
Option D is incorrect because a p-value of less than 2% is more statistically significant than a p-value of less than 5%.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”greater than 5%” option2=”equal to 5%” option3=”less than 5%” option4=”less than 2%” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[945],"tags":[],"class_list":["post-58026","post","type-post","status-publish","format-standard","hentry","category-financial-management","no-featured-image-padding"],"yoast_head":"\n