The Future of Any Region Dependent on Export Industrial Growth

question 28

Multiple Choice

The future of any region dependent on export industrial growth is influenced by:

• A) the region's natural endowment at given technology levels.
• B) the character of the export industry.
• C) subsequent changes in technology and transport costs.
• D) all of the above.

---

Definitions:

P-value

The probability of getting results from tests that are at least as exceptional as the outcomes truly noted, assuming the null hypothesis is factual.

Z Statistic

A type of standard score that represents the number of standard deviations a data point is from the mean of a distribution.

Normal Distribution

A bell-shaped frequency distribution curve that is symmetric about the mean and described by its mean and standard deviation.

One-tailed Test

A hypothesis test where the area of rejection is on only one side of the sampling distribution, used to determine if a parameter is greater than or less than a certain value.