The Act That Was Passed in an Attempt to Decrease

question 84

Multiple Choice

The act that was passed in an attempt to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores was the

• A)Wheeler-Lea Act.
• B)Robinson-Patman Act.
• C)Celler-Kefauver Antimerger Act.
• D)Clayton Act.
• E)Sherman Act.

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Definitions:

One-tailed Test

A statistical test in which the region of rejection is on only one side of the sampling distribution, used when predicting the direction of a potential difference or relationship.

Sample Size

The number of observations or subjects selected from a population for a study.

T Distribution

A statistical distribution used when the sample size is small and the population standard deviation is unknown.

One-tailed Test

A hypothesis test in which the region of rejection is on only one side of the sampling distribution, used when assessing the direction of a relationship.