Aptitude Test Scores

question 71

Essay

Aptitude Test Scores
Two random samples of 40 students were drawn independently from two populations of students.Assume their aptitude tests are normally distributed (total points = 100).The following statistics regarding their scores in an aptitude test were obtained: . ​ ​
-{Aptitude Test Scores Narrative} Estimate with 95% confidence the difference between the two population means.

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Definitions:

Stabilization Policy

Government policies aimed at stabilizing the economy by reducing fluctuations in production, employment, and prices.

Expected Effects

The anticipated outcomes or results that are predicted to occur as a consequence of a particular action or set of conditions.

M

In the context of economics, M often refers to money supply, which includes various types of money in circulation like cash and bank deposits.

Q

In economics, often denotes quantity, such as the amount of goods and services produced or consumed.