Statement I: in 2009,our Trade Deficit with China Was Higher

question 26

Multiple Choice

Statement I: In 2009,our trade deficit with China was higher than our trade deficit with any other country.
Statement II: Our overall trade deficit has risen substantially since 1991.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

---

Definitions:

Null Hypothesis

Null hypothesis refers to a statement used in statistics that suggests no statistical significance exists in a set of given observations.

Alternative Hypothesis

The alternative hypothesis is a statement in hypothesis testing that proposes a specific relationship between variables, contrasting the null hypothesis.

One-sided Test

A hypothesis test in which the region of rejection is on only one side of the sampling distribution, assessing either a lower or upper tail.

Alternative Hypothesis

In statistical analysis, the hypothesis that proposes a difference or relationship between two variables, counter to the null hypothesis.