In a One-Tail Test, the P-Value Is Found to Be

question 68

Multiple Choice

In a one-tail test, the p-value is found to be equal to 0.032. If the test had been two-tail, the p-value would have been:

• A)0.064.
• B)0.080.
• C)0.016.
• D)0.066.

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Definitions:

Overconsumption

The excessive use of resources or consumption of goods beyond what is sustainable or necessary.

Uncompensated Health Care

Medical services provided to individuals without any form of payment or reimbursement, often absorbed by healthcare providers as a financial loss.

U.S. Hospitals

Hospitals in the United States are healthcare institutions providing patient treatment with specialized staff and equipment.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved or is not achievable through market means.