Bus 5113 certification - Study guides, Class notes & Summaries
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BUS 5113 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 4 pages • 2024
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Statistically significant differences when a difference is big enough that it is unlikely to 
have occurred due to chance 
managerially significant differences when any observed difference in findings is 
considered significant enough to influence management decisions 
hypothesis testing is a set of procedures used to test propositions about populations 
directly related to decision making 
hypotheses are stated, determine cost of errors, select the significant level, collect the data 
and c...
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BUS 5113 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 4 pages • 2024
-
- $9.99
- + learn more
Statistically significant differences when a difference is big enough that it is unlikely to 
have occurred due to chance 
managerially significant differences when any observed difference in findings is 
considered significant enough to influence management decisions 
hypothesis testing is a set of procedures used to test propositions about populations 
directly related to decision making 
hypotheses are stated, determine cost of errors, select the significant level, collect the data 
and c...
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