Examlex

Solved

In the Year 2005,the Rate of Personal Savings in the United

question 221

Multiple Choice

In the year 2005,the rate of personal savings in the United States was below _____ percent.


Definitions:

Independence

A statistical condition where two events or variables have no association or influence on each other; their occurrence is unrelated.

Level of Significance

A threshold in hypothesis testing that determines whether a result is statistically significant.

Random Samples

A portion of a statistical group where every individual within this segment stands an equal chance of selection.

Contingency Table

A type of table in a matrix format that displays the (multivariate) frequency distribution of the variables.

Related Questions