Business decisions should always take into consideration which of the following?
A) The statistical significance of the test.
B) The cost of the proposed action.
C) The effect size.
D) Both A and B, not C.
E) A. B, and C.

Question

Quizplus · Accepted Answer

Business decisions should always take into consideration the statistical significance of the test, the cost of the proposed action, and the effect size. Taking all three factors into account will result in a more informed and reliable decision-making process.

Business Decisions Should Always Take into Consideration Which of the Following