T_cv = 3

question 8

Multiple Choice

t_cv = 3.35 and t_obt = -3.55. Based on these results, we​

• A)reject H_o.
• B)fail to reject H_o.
• C)accept H_o.
• D)reject H_a.

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Definitions:

Economic Freedom

The measure of how easy it is for members of a society to participate in economic activities without unnecessary restrictions.

The Heritage Foundation

An American conservative think tank based in Washington, D.C., focusing on public policy research and advocacy in areas such as economics, foreign policy, and social issues.

Regulatory Efficiency

The extent to which regulatory policies and procedures achieve desired outcomes without unnecessary imposition of costs or complexity on businesses or individuals.

Rule Of Law

Rule of governing whereby all individuals are accountable to well-defined and established laws that are fairly enforced.