Differences Between Two Samples Are LEAST Likely to Be Statistically

question 38

Multiple Choice

Differences between two samples are LEAST likely to be statistically significant if the samples are _______ and the amount of variability in the samples is _______.

• A)small;small
• B)large;large
• C)small;large
• D)large;small

---

Definitions:

Real GDP

The calculation of a nation's total economic production factoring in adjustments for price fluctuations, either inflationary or deflationary.

Growth Rate

The measure of the increase in a particular variable, such as GDP or population size, over a specific period of time, usually expressed as a percentage.

Nominal GDP

The gross domestic product measured in current market prices, without adjustment for inflation.

Real GDP

The total market value of all final goods and services produced in an economy in a year, adjusted for inflation, reflecting the actual economic output.