Which Statement Is False

question 280

Multiple Choice

Which statement is false?

• A)Our savings rate may not have been so low were it not for Social Security.
• B)Widespread home ownership has lowered our savings rate.
• C)The U.S.suburban lifestyle has made it very difficult to save for most families.
• D)Our saving rate increased during the 1990's and early 2000's.

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Definitions:

Respondents

Individuals or entities who provide answers or responses in a survey or study.

Two-sample Chi-square

A statistical test used to determine if there is a significant difference between the categorical distributions of two independent samples.

Goodness-of-fit Test

A statistical test used to determine how well observed data fit a specific distribution or model.

Test of Independence

A statistical method used to determine if there is a significant association between two categorical variables.