When the Necessary Conditions Are Met, a Two-Tail Test Is

question 58

Short Answer

When the necessary conditions are met, a two-tail test is being conducted to test the difference between two population means, but your statistical software provides only a one-tail area of 0.028 as part of its output. The p-value for this test will be: $\begin{array}{|l|l|}\hline\text { A. } & 0.972 . \\\hline \text { B. } & 0.05 . \\\hline \text { C. } & 0.056 . \\\hline \text { D. } & 0.014 . \\\hline\end{array}$

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Definitions:

Gold Find

The discovery of gold, typically in significant quantities, which often prompts mining activities and economic interest in the area.

Dramatic Departure

A significant and often sudden change or shift from conventional behavior or previous patterns.

Financial Intermediary

An institution that acts as a middleman between savers and borrowers, facilitating the flow of funds in the financial markets.

Fraudulent Means

Fraudulent means involve deceit, trickery, or dishonest conduct with the intention of gaining an unfair advantage or causing harm to another party.