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Author Question: If an economist wishes to determine whether there is evidence that mean family income in a community ... (Read 38 times)

fbq8i

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If an economist wishes to determine whether there is evidence that mean family income in a community equals 50,000,
 
  A) a one-tail test should be utilized.
  B) either a one-tail or two-tail test could be used with equivalent results.
  C) a two-tail test should be utilized.
  D) None of the above.

Question 2

If an economist wishes to determine whether there is evidence that mean family income in a community exceeds 50,000,
 
  A) either a one-tail or two-tail test could be used with equivalent results.
  B) a two-tail test should be utilized.
  C) a one-tail test should be utilized.
  D) None of the above.



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xoxo123

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Answer to Question 1

C

Answer to Question 2

C




fbq8i

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Reply 2 on: Jun 24, 2018
Wow, this really help


atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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