Which Component of Investment Spending Was the Largest in Australia

question 44

Multiple Choice

Which component of investment spending was the largest in Australia in 2015/16?

• A) Non-dwelling construction
• B) Dwellings
• C) Machinery and equipment
• D) Change in inventories

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Definitions:

Degrees of Freedom

The number of independent pieces of information used in the calculation of a statistic, typically the size of the data set minus the number of parameters estimated.

Area

The measurement of the extent of a two-dimensional surface or shape, typically expressed in square units.

Chi-squared Distribution

A statistical distribution used to test hypotheses about the distribution of observed frequencies in categories compared to expected frequencies.

Area

The measure of the extent of a two-dimensional figure or shape in a plane.