State the Proper Forms of Hypotheses for Two-Sample Hypothesis Tests

question 4

Multiple Choice

State the proper forms of hypotheses for two-sample hypothesis tests.
-Which of the following Excel tools is used for a two-sample test for equality of variances?

• A) Excel F-test Two-sample for variances
• B) Excel z-test: Two-sample for means
• C) Excel t-test: Two-sample assuming unequal variances
• D) Excel t-test: Two-sample assuming equal variances

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Definitions:

Physical Capital

Assets that are tangible, such as buildings, machinery, and equipment, which are used in the production of other goods and services.

Manufactured Resources

Goods that have been processed or created through manufacturing, used in the production of other goods or services.

Derived Demand

The demand for a factor of production resulting from the demand for the final product it helps to produce.

Factor of Production

A rephrased definition would be the essential elements required for producing goods and services, encompassing land, labor, capital, and entrepreneurship.