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Twenty Economists Were Sampled and Asked to Predict If the National

question 82

Multiple Choice

Twenty economists were sampled and asked to predict if the national economy would improve during the next 12 months. Eleven of the economists predicted an increase,two economists predicted no change,and seven economists predicted a decrease in the economy. Conduct a hypothesis test at the 0.10 significance level to determine if the majority of economists predicts an increase. Based on the analysis,we would conclude that ________.


Definitions:

Cognitive Therapist

A professional who helps people address problematic thoughts and behaviors through cognitive-behavioral therapy.

Behavior Therapist

A type of therapist who specializes in the treatment of psychological disorders by changing maladaptive behaviors into healthier ones.

Rational-Emotive Therapy

A type of cognitive-behavioral therapy that focuses on identifying and changing irrational beliefs and thought patterns.

Emotional Difficulty

A broad term encompassing challenges in experiencing, expressing, or managing emotions.

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