If a Researcher Is Using the Sign Test and Has

question 33

Multiple Choice

If a researcher is using the sign test and has 3 positive signs, 8 negative signs, and 4 zeros, what is the test value?

• A) 0
• B) 4
• C) 3
• D) 8

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Definitions:

Real Rate of Return

The rate of profit or growth rate after adjusting for inflation.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.

Inflation

How quickly the average price of goods and services elevates, lessening the power to purchase.

APR

Annual Percentage Rate, the annual rate charged for borrowing or earned through an investment, which includes all fees and costs associated with the transaction.