All of the Following Are Reasons Why the Great Depression

question 131

Multiple Choice

All of the following are reasons why the Great Depression occurred except

• A)the stock market crashed.
• B)there was too much government spending for poor workers.
• C)there was poor decision making by the Federal Reserve.
• D)the government was unable to step in and solve economic problems.
• E)wealth and income were unequally distributed.

---

Definitions:

Detecting An Effect

The process of identifying whether a particular treatment, condition, or variable has a statistically significant impact in an experiment or study.

Type I Error

The error made in statistical hypothesis testing when a true null hypothesis is incorrectly rejected, commonly referred to as a "false positive."

Type I Error

Type I error, often denoted as α, occurs when a true null hypothesis is incorrectly rejected, indicating a false positive finding in hypothesis testing.

Null Hypothesis

A statement suggesting that there is no significant difference or relationship between specified populations, any observed effect being due to sampling or experimental error.