If You Have a Set a Significance Level of

question 38

Multiple Choice

If you have a set a significance level of .05; then your confidence level is what?

• A) cannot determine the confidence level
• B) 90%
• C) 95%
• D) 99.95%

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Definitions:

APC

The Average Propensity to Consume calculates the portion of income that families allocate towards consumption as opposed to savings.

United States

A country located in North America, known for its large economy and diverse population, consisting of 50 states and a federal district.

United States

A country located primarily in North America, consisting of 50 states and a federal district, known for its large economy and diverse population.

Savings Rate

The proportion of disposable income that is saved by an individual or household instead of being spent.