If an Economist Wishes to Determine Whether There Is Evidence

question 3

Multiple Choice

If an economist wishes to determine whether there is evidence that mean family income in a community equals $50,000

• A)either a one-tail or two-tail test could be used with equivalent results.
• B)a one-tail test should be utilized.
• C)a two-tail test should be utilized.
• D)None of the above.

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