An Example of Negative Correlation May Exist Between The

question 9

Multiple Choice

An example of negative correlation may exist between the:

• A) forest products and housing industries.
• B) jewellery and discount furniture industries.
• C) steel and aluminum industries.
• D) oil and auto industries.

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Definitions:

Type II Error

Occurs when a statistical test fails to reject a false null hypothesis; also known as a false negative.

Level Of Significance

A threshold in hypothesis testing that determines whether or not the null hypothesis can be rejected.

Null Hypothesis

A default premise stating no statistical significance or effect, used as a starting point for hypothesis testing to be either rejected or not rejected.