Author Question: A 95 confidence interval A) indicates that there is 95 confidence that the value of the estimated ... (Read 63 times)

kaid0807 · **on:** Jul 1, 2018

A 95 confidence interval

A) indicates that there is 95 confidence that the value of the estimated coefficient is correct.
B) indicates that there is 95 confidence that the degrees of freedom explain the data correctly.
C) is a range of of values that gives a 95 probability that the true value of the coefficient is within the specified interval.
D) is the probability that we have obtained the true value of the coefficient with 95 accuracy.

Question 2

One reason why the spending side of the budget is more susceptible to special interests than the tax side is because _____.

a. spending can be allocated geographically, but taxation cannot
b. tax programs are largely determined by the Internal Revenue Service, not Congress
c. people do not care about taxation
d. the administrative costs of spending programs are lower, making change cheaper