You Are Conducting a Study to Determine If There Is

question 5

Multiple Choice

You are conducting a study to determine if there is a relationship between sleeping well (yes/no) and arriving at work on time (yes/no) . What test would be appropriate to use?

• A) spearman's correlation coefficient
• B) student t-test
• C) chi-square
• D) ANOVA

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Definitions:

Ppf (Production Possibility Frontier)

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology, when resources are fully and efficiently utilized.

Efficiently

Achieving maximum productivity with minimum wasted effort or expense.

Production Inefficiency

A situation where resources are not utilized in the best possible manner, resulting in wasted potential output.

Production Possibility Frontier

A graphical representation that shows the maximum combination of two goods or services that can be produced within a given time period, given available resources and technology.