The Standard Error of the Difference Becomes Smaller as Sample

question 113

Multiple Choice

The standard error of the difference becomes smaller as sample sizes _____ and the variability of the populations_____.

• A)increase;increases
• B)increase;decreases
• C)decrease;decreases
• D)decrease;increases

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Definitions:

Transfer Payments

Payments made by governments to individuals without any expectation of a good or service being provided in return, such as social security benefits and unemployment benefits.

Excise Tax

A tax levied on specific goods, services, or transactions, often focused on items such as alcohol, tobacco, and gasoline.

Demand Curves

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to buy at different prices.

Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.