Multiple Choice
If you are using a 95% confidence interval and the absolute value of the t-statistic is larger than the critical value, then
A) we accept the null hypothesis at a 95% confidence level.
B) we reject the null hypothesis at a 95% confidence level.
C) we will be wrong less than 5% of the time if we accept the null hypothesis.
D) we will be wrong 95% of the time if we reject the null hypothesis.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: If the demand curve for a good
Q75: If demand is perfectly inelastic,<br>A)then a 1%
Q76: When a variable is determined by a
Q77: If demand is inelastic,<br>A)then a 1% increase
Q78: An estimation method is unbiased if it
Q81: Omitted variables<br>A)can cause hypothesis tests to be
Q83: What is the meaning of the statement
Q86: A horizontal demand curve for a good
Q98: The cross price elasticity of demand between
Q102: If the price elasticity of demand for