In a Goodness-Of-Fit Test,the Null Hypothesis States That the Data

question 147

True/False

In a goodness-of-fit test,the null hypothesis states that the data came from a normally distributed population.The researcher estimated the population mean and population standard deviation from a sample of 300 observations.In addition,the researcher used 6 standardized intervals to test for normality.Using a 2.5% level of significance,the critical value for this test is 14.4494.

---

Definitions:

Balance Of Payments

Documentation of every economic exchange between the people of a nation and international counterparts within a designated period.

International Transactions

Economic exchanges between countries, including the transfer of goods, services, capital, and payments across national borders.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports.

Investment Income

Income received from investment assets, such as dividends, interest, or rent.