Suppose You Will Perform a Test to Determine Whether There $n = 10$

question 23

Multiple Choice

Suppose you will perform a test to determine whether there is sufficient evidence to support a claim of a linear correlation between two variables. Find the critical value(s) of r given that $n = 10$ and $\alpha = 0.05$ .

• A) \(r = \pm 0.765\)
• B) \(r = \pm 0.632\)
• C) \(r = \pm 0.666\)
• D) \(r = 0.632\)

---

Definitions:

Aggregate Demand

Sum total of the requirement for goods and services across an economy, based on a particular price level over a defined period.

Long-run Output

The total quantity of goods and services produced by an economy over a long period, when all inputs are considered variable.

Monetary Policy

Actions taken by a country's central bank to control the money supply and interest rates in order to influence economic activity, such as inflation, employment, and economic growth.

Fiscal Policy

Government adjustments to its spending levels and tax rates to influence a nation's economy.