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A sample of 35 students enroll in a program that claims to improve scores on the quantita reasoning portion of the Graduate Record Examination (GRE) . The participants take a mc GRE test before the program begins and again at the end to measure their improvement.
The mean number of points improved was . Assume the standard deviation is and let be the population mean number of points improved. To determine whether the program is effective, a test is made of the hypotheses versus .
Do you reject at the level? ive
Disposable Income
Net pay after taxes and other deductions, available for spending, saving, or investment.
Consumption
The utilization of products and services by families.
Marginal Propensity
The ratio of the change in an economic variable, such as consumption or saving, to the change in another, typically income.
Disposable Income
The net financial position of households for spending and saving, after accounting for income taxes.
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