If the Obtained T Value Is 7

question 46

Multiple Choice

If the obtained t value is 7.14,and the critical value is 6.10,what decision should be made?

• A)Accept the null hypothesis.
• B)Reject the null hypothesis.
• C)Rerun the analysis.
• D)Use a one-tailed test.

---

Definitions:

Thrift Institutions

Savings and loan associations, mutual savings banks, and credit unions, primarily engaged in accepting savings deposits and making mortgage and other loans.

Government Securities

Financial instruments issued by the government to finance its expenditures, promising to pay back with interest.

Excess Reserves

Capital reserves held by banks that surpass the minimum reserve requirements, providing liquidity and stability to the banking system.

Money Supply

The total quantity of monetary assets available in an economy at a specific time, including notes, coins, and balances held in checking and savings accounts.