In a One-Tail Test,the P-Value Is Found to Be Equal

question 41

Multiple Choice

In a one-tail test,the p-value is found to be equal to 0.068.If the test had been two-tail,the p-value would have been:

• A)0.932
• B)0.466
• C)0.034
• D)0.136

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Definitions:

Nominal

Nominal values refer to monetary values or economic statistics not adjusted for inflation, reflecting their face value.

Real Interest Rate

The interest rate corrected for the effects of inflation.

Price Level

A measure of the average prices of goods and services in an economy at a given time period.

Real Wealth

The value of an individual's or entity's assets, taking into account the effects of inflation on purchasing power.