If an Economist Wishes to Determine Whether There Is Evidence

question 46

Multiple Choice

If an economist wishes to determine whether there is evidence that average family income in a community equals $50,000

• A) a two-tailed test should be utilised.
• B) either a one-tailed or two-tailed test could be used with equivalent results.
• C) a one-tailed test should be utilised.
• D) None of the above.

---

Definitions:

Inductor

A passive electronic component that stores energy in its magnetic field.

Inductance

The property of a conductor by which a change in current in the conductor induces an electromotive force in both the conductor itself and in any nearby conductors by mutual inductance.

Hz

The unit of frequency in the International System of Units (SI), denoting the number of cycles per second.

Greeks

Refers to the citizens of Greece, their culture, or the ancient inhabitants known for their contributions to art, philosophy, and science.