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Use the following to answer questions
Figure: Exchange Rate Shifts
-(Figure: Exchange Rate Shifts) When demand for U.S.goods increases,the demand curve will shift from _____ to _____ and the exchange rate will shift from _____ to _____.
Population Standard Deviations
A measure of the dispersion or spread of all values in a given population.
Test Statistic
A calculated value from sample data that is used in a hypothesis test to decide whether to reject the null hypothesis.
Level of Significance
A criterion for judging the strength of evidence provided by the data against the null hypothesis, often denoted by alpha.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, used to assess the evidence against the null hypothesis.
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