For a Large Sample Test of the Difference of Two

question 115

Multiple Choice

For a large sample test of the difference of two proportions to be appropriate, these assumptions must be met: Of the following, what is the smallest total of the sample sizes that would meet these requirements?

• A)20
• B)30
• C)40
• D)50
• E)60 As part of a study of the ecology of deer in the Everglades, a random sample of 18 Deer were radiotagged and the areas of each deer's typical habitats were recorded for 3 Years.The differences in areas from 1991 to 1992, and then from 1992 to 1993 were Analyzed using least squares regression.The null hypothesis was that the change in Areas from 1992 to 1993 is independent of the change in areas from 1992 to 1993.The Computer output is presented below.

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Definitions:

Net Social Cost

The total monetary cost of the negative externalities produced by an activity or production, minus any benefits.

Rent-Seeking Behavior

Activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulation or exploitation of the economic environment.

Profits

The financial gain realized when the revenue from selling goods or services exceeds the costs of production.

Monopolized

Refers to a market structure where a single firm or entity controls a significant portion of the market share, reducing competition.