A Researcher Conducts Two T Tests

question 7

Multiple Choice

A researcher conducts two t tests.Test 1 is a one-tailed test with a smaller sample size at a .05 level of significance.Test 2 is a one-tailed test with a larger sample size at a .05 level of significance.What do you know about the critical values for each test?

• A) Test 1 is associated with smaller critical values.
• B) Test 2 is associated with smaller critical values.
• C) Each test is associated with the same critical values.
• D) It depends; there is not enough information to answer this question.

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Unit Price

The cost per unit of a product, which helps consumers compare prices and make purchasing decisions.

Total Revenue Curve

A graph that illustrates how a firm's total revenue changes as the quantity of goods sold changes, holding the price per unit constant.

Linear

Relating to a straight line or a model where relationships between variables or quantities are proportional.