Once You Have Determined the Percentage and Sample Size of Each

question 57

Multiple Choice

Once you have determined the percentage and sample size of each of your two samples, and then compared the two percentages by taking their arithmetic difference, the next step is t:

• A) determine the standard error of the arithmetic mean of differences.
• B) divide the difference between the two sample percentages by the standard error.
• C) enter the differences in XL Data Analyst.
• D) determine the standard error of the difference between two percentages.
• E) use the critical z value to test the null hypothesis.

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Definitions:

Government Deficit

A situation where a government's expenditures exceed its revenues.

Loanable Funds

A term in economics that refers to all the money available for borrowing in the financial markets, determined by the level of savings vs. the demand for borrowing.

NPV

Net Present Value; a calculation used to assess the value of an investment, taking into account the present value of its cash inflow and outflow over time.

Interest Rates

The percentage at which interest is paid by borrowers for the use of money they borrow from a lender.