If the Null Hypothesis $H _ { 0 } : \mu = 11.0$

question 17

Multiple Choice

If the null hypothesis $H _ { 0 } : \mu = 11.0$ is not rejected at $\alpha = 0.05$ when a mean of $8.0$ is obtained from a random sample, one could also say that

• A) the 95% confidence interval for the population mean contains the value 11.0.
• B) the 5% confidence interval for the population mean does not contain the value 11.0
• C) the 95% confidence interval for the population mean does not contain the value 11.0.
• D) the 5% confidence interval for the population mean contains the value 8.0.

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Definitions:

Dominant Strategies

In game theory, strategies that are best for a player regardless of what the other players choose.

Credible Threat

A statement or action that is believable and carries the weight of possible enforcement, often used in negotiations or strategic situations.

Economies of Scale

The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.

Diseconomies of Scale

The phenomenon where a firm's per unit costs increase as it increases production, typically due to inefficiencies.