Which of the Following Is True of the Relationship Between

question 33

Multiple Choice

Which of the following is true of the relationship between U.S. trade deficits and federal government budget deficits?

• A) Increases in the budget deficit tend to be associated with increases in the trade deficit.
• B) Increases in the budget deficit tend to be associated with reductions in the trade deficit.
• C) Increases in the budget deficit are always associated with increases in the trade deficit.
• D) Increases in the budget deficit are always associated with reductions in the trade deficit.

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Definitions:

Significance Level

A threshold chosen by the researcher to determine the cutoff at which an observed test statistic is considered statistically significant.

Slope

The rate of change in the y-variable per unit change in the x-variable in a linear equation; measures the steepness of a line.

Regression Line

A straight line that best approximates the relationship between two variables in regression analysis, indicating the expected value of the dependent variable for a given value of the independent variable.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.