Deregulation, Especially for the Transportation and Telecommunication Industries, Was the Trend

question 3

Multiple Choice

Deregulation, especially for the transportation and telecommunication industries, was the trend in the United States during the:

• A) 1930s and it means increasing or phasing in government restrictions on economic activity.
• B) 1950s and it means elimination or phasing out of government restrictions on economic activity.
• C) 1970s and it means increasing or phasing in government restrictions on economic activity.
• D) 1980s and it means elimination or phasing out of government restrictions on economic activity.

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Definitions:

Zero-tailed

Refers to a type of hypothesis test in statistics where the area of interest is on one extreme end of the distribution curve, indicating whether a sample mean is either significantly higher or lower than the population mean.

Random Assignment

The use of random selection to assign research participants to experimental groups.

Control Group

In experimental research, a group that does not receive the experimental treatment and is used as a benchmark to measure the effects of the treatment.

Basic Experimental Design

The fundamental structure of an experiment that outlines how to systematically test a hypothesis by manipulating variables and controlling conditions.