Which of the Following Statements Are True of the Null

question 64

Multiple Choice

Which of the following statements are true of the null and alternative hypotheses?

• A)Exactly one hypothesis must be true.
• B)Both hypotheses must be true.
• C)It is possible for both hypotheses to be true.
• D)It is possible for neither hypothesis to be true.

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Definitions:

Rectangle

A four-sided polygon with four right angles and opposite sides of equal length.

Perfect Competitors

Market participants in a perfectly competitive market where no single buyer or seller has the power to influence prices.

Short Run

A period in economics during which some factors of production or inputs are fixed in quantity and cannot be changed.

Industry

A distinct group of productive or service businesses that share similar characteristics, processes, or goods.