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Figure 32-1 ​

question 31

Multiple Choice

Figure 32-1 Figure 32-1   ​ -Refer to Figure 32-1. If the real interest rate is 7 percent, there will be a A) shortage of $60 billion. B) surplus of $80 billion. C) shortage of $80 billion. D) surplus of $60 billion.
-Refer to Figure 32-1. If the real interest rate is 7 percent, there will be a


Definitions:

Null Hypothesis

The default hypothesis that there is no significant difference or effect, used as a starting point for statistical hypothesis testing.

Test Statistic

A value calculated from sample data during a hypothesis test, used to make a decision about the null hypothesis.

Distribution

Refers to the way in which something is shared out among a group or spread over an area.

F Statistic

A value calculated during an ANOVA test that determines if the means of several groups are all equal, used to test the null hypothesis.

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