A Researcher Wants to Test If Elementary School Children Spend

question 88

Multiple Choice

A researcher wants to test if elementary school children spend less than 30 minutes per day on homework.The null hypothesis for this example will be that the population mean is:

• A)greater than or equal to 30 minutes
• B)not equal to 30 minutes
• C)less than or equal to 30 minutes
• D)less than 30 minutes

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Definitions:

Regulatory Agency

An agency, commission, or board established by the federal government or a state government to control the prices charged and the services offered by a natural monopoly or public utility.

Principal-Agent Problem

A dilemma in economics where one party (the agent) is supposed to act in the best interest of another party (the principal) but may have different goals.

Political Decision Making

The process of making decisions that impact public affairs, often within the frameworks of governments and political institutions.

Private Sector

Refers to the part of the economy that is owned, operated, and funded by private individuals or companies, as opposed to the government.