Which of the Following Statements Is Most Correct

question 109

Multiple Choice

Which of the following statements is most correct?

• A)A weaker dollar results in more imports of foreign merchandise since it requires fewer dollars for purchase.
• B)A stronger dollar results in fewer imports of foreign merchandise since it requires fewer dollars for purchase.
• C)A stronger dollar results in more imports of foreign merchandise since it requires more dollars for purchase.
• D)A weaker dollar results in more imports of foreign merchandise since it requires more dollars for purchase.
• E)none of the above

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Definitions:

Null Hypothesis

A statement used in hypothesis testing that assumes no effect or no difference exists between two or more sets of data.

Hypothesized Value

A specific value proposed as existing or being true within the context of a statistical hypothesis test.

Null Hypothesis

A default statement that indicates no effect, difference, or relationship between two or more variables in an experiment.

Alternative Hypothesis

The hypothesis that is tested against the null hypothesis, usually representing the notion of a difference or effect.