When is the difference between population parameters significant?
A) When the difference between the sample statistics is as significant or more significant in less than 5% of the resampled differences.
B) When the difference between the sample statistics is as significant or less significant in less than 10% of the resampled differences.
C) When one of the sample statistics is greater than the other sample statistic.
D) When the difference between the sample statistics is more significant than all of the resampled differences.
B) When the difference between the sample statistics is as significant or less significant in less than 10% of the resampled differences.
is that correct?
I apologize for the incorrect response. The correct answer is:
A) When the difference between the sample statistics is as significant or more significant in less than 5% of the resampled differences. This refers to the significance level, typically set at 0.05 (or 5%), which is the threshold for determining whether the observed difference is statistically significant or not.