A Sample of Size 100 Selected from One Population Has

question 15

Short Answer

A sample of size 100 selected from one population has 53 successes, and a sample of size 150 selected from a second population has 95 successes. The test statistic for testing the equality of the population proportions is equal to: $\begin{array}{|l|l|}\hline\text { A. } & -11.1051 \\\hline \text { B. } & -17.1107 \\\hline \text { C. } & -0.0944 . \\\hline \text { D. } & -1.0944 . \\\hline\end{array}$

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Definitions:

Federal Deficit

The financial condition that occurs when the government's expenditures exceed its revenues in a given fiscal year.

Progressive Tax

A taxation system in which the tax rate increases as the taxable amount or income increases, commonly seen in income tax systems to ensure higher earners contribute a greater proportion of their income.

Regressive Tax

A tax system in which the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.

Supply-side Economics

An economic theory that advocates reducing taxes and decreasing regulation to stimulate economic growth by increasing supply of goods and services.