What Are the Critical Z-Values for a Two-Tailed Hypothesis Test

question 54

Multiple Choice

What are the critical z-values for a two-tailed hypothesis test if α = 0.01?

• A)±1.960
• B)±2.326
• C)±2.576
• D)±1.645

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Definitions:

Soviet Union

A former federal socialist state in Eastern Europe and Northern Asia, existing from 1922 until its dissolution in 1991, comprising multiple Soviet republics.

Communist System

A political and economic system aiming for a classless society, where the means of production are owned and controlled by the community as a whole.

Consumer Decisions

This term refers to the choices made by individuals or groups regarding the consumption of goods and services.

Owned By Government

Refers to assets, enterprises, or entities that are fully or majorly owned and operated by a government.