How Are Net Exports of a Country Determined

question 98

Multiple Choice

How are net exports of a country determined?

• A) the value of goods and services imported minus the value of goods and services exported
• B) the value of goods and services exported minus the value of goods and services imported
• C) the value of goods exported minus the value of goods imported
• D) the value of goods imported minus the value of goods exported

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Definitions:

Chi-squared Curve

Describes the distribution of a chi-squared statistic, used in hypothesis testing to determine how well observed data fit with expected data.

Degrees of Freedom

The number of independent values or quantities that can vary in the analysis without violating any constraints.

F Distribution

A probability distribution used in statistics to compare variances among samples, often employed in the analysis of variance (ANOVA).

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or calculation.