Which of the Following Is the Appropriate Null Hypothesis When

question 38

Multiple Choice

Which of the following is the appropriate null hypothesis when testing whether two population variances are equal?

• A) : =
• B) : ≠
• C) : >
• D) : ≥

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Definitions:

Economic Rent

Income derived from the ownership or control of a scarce resource, exceeding the income that would cause the resource to be brought into use.

Marginal Resource Cost

The additional cost incurred by acquiring one more unit of a resource.

Marginal Revenue Product

Marginal revenue product is the additional revenue generated from the use of one more unit of a variable input, holding other inputs constant.

Productive

The ability to produce a substantial amount of goods or services, or doing so efficiently.