Which of the Following Statements Is NOT an Example of the Law

question 24

Multiple Choice

Which of the following statements is NOT an example of the law of demand?

• A) "I think I'll wait to leave for work at 9:30 a.m.so that traffic is not so heavy."
• B) "The local record store has all their CDs on sale;I'm going to buy some right now."
• C) "With unemployment so high,I can't find a job.I think I'll enrol at the local college."
• D) "The increase in apartment rents is causing me to consider renting out our spare bedroom."
• E) "The Internet has increased the amount of information I collect before making a purchase."

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Definitions:

Sign Test

A nonparametric test used to determine if there is a median difference between two paired samples.

Matched Pairs

An experimental design technique where each treatment is given to two subjects that are as closely matched as possible, or to the same subject under different conditions.

P-value

The p-value is a statistical measure indicating the probability of observing test results at least as extreme as those observed, assuming the null hypothesis is true.

Consecutive Weeks

A series of weeks that follow one after another without interruption, often used in the context of scheduling or data collection.