Which Statement Is NOT an Assumption of the Z Test

question 36

Multiple Choice

Which statement is NOT an assumption of the z test?

• A) The distribution of the population is approximately normal.
• B) The distribution of the sample is normal.
• C) Participants were randomly selected from the population.
• D) The dependent variable is assessed using a scale measure.

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Definitions:

Labor Supply Curve

The graphical representation showing the relationship between the different wage rates and the quantity of labor that workers are willing to supply.

Wage Rate

The amount of compensation a worker receives per unit of time, such as an hour or a week, for their labor.

Backward Bending

A curve, often related to the labor supply, indicating that beyond a certain wage level, as wages increase, individuals may choose to work fewer hours, prioritizing leisure over additional income.

Income Effect

The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.