Examlex

Solved

The Idea That Banks Hold Only a Portion of Deposits

question 202

Multiple Choice

The idea that banks hold only a portion of deposits and lend the rest out is called the _____ system.


Definitions:

Level of Significance

The threshold under which the null hypothesis is rejected in hypothesis testing, usually denoted by alpha.

Critical Value

A threshold or point on the test distribution that defines the boundary or limit for rejecting the null hypothesis in hypothesis testing.

Type II Error

A statistical error that occurs when a null hypothesis is not rejected when it is in fact false.

Null Hypothesis

A statement of no effect or no difference, used as a default assumption in statistical hypothesis testing.

Related Questions