If We Reject the Null Hypothesis in a Test Using

question 1

Multiple Choice

If we reject the null hypothesis in a test using analysis of variance, we are concluding that________.

• A) the populations from which our samples come are different.
• B) the variables are independent.
• C) the population variances are the same.
• D) the sample means are significantly different.

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Definitions:

Infant-Industry Argument

The economic rationale for protecting new industries with tariffs or other trade barriers until they become competitive internationally.

Tariff

A tax or duty to be paid on a particular class of imports or exports, used by governments to control trade and protect domestic industries.

Import Quota

A specific limit or maximum quantity (or value) of a good permitted to be imported into a country during a given period.

U.S. Imports

Goods and services brought into the United States from other countries for sale.