In 1990, the Average Math SAT Score for Students at One

question 4

Multiple Choice

In 1990, the average math SAT score for students at one school was 472.Five years later, a teacher wants to perform a hypothesis test to determine whether the average math SAT score of students at the school has changed from the 1990 mean of 472.The hypotheses are:
H₀ :?=472
H_A : ?=472
Explain the result of a Type I error.

• A)The teacher will conclude that the mean math SAT score at the school is the same when in fact it is different.
• B)The teacher will conclude that the mean math SAT score at the school is the same when in fact it is the same.
• C)The teacher will conclude that the mean math SAT score at the school has decreased when in fact it is the same.
• D)The teacher will conclude that the mean math SAT score at the school is different when in fact it is the same.

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Definitions:

Investment

The allocation of resources, such as capital, time, or assets, into a project or asset, with the expectation of generating an income or profit.

Spending Multiplier

The spending multiplier is an economic concept that measures the effect of a change in autonomous spending (such as government expenditure or investment) on the total economic output.

Potential Output

Potential Output refers to the highest level of goods and services an economy can produce sustainably, without triggering inflation.

Government Securities

Government-issued securities designed to fund government spending while providing investors with a profit.