A Type II Error Occurs When

question 40

Multiple Choice

A type II error occurs when:

• A) the null hypothesis is incorrectly accepted when it is false
• B) the null hypothesis is incorrectly rejected when it is true
• C) the sample mean differs from the population mean
• D) the test is biased

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Definitions:

Gini Index

The Gini Index is a statistical measure used to gauge economic inequality within a country, representing the income or wealth distribution among that country’s residents.

Income Inequality

The unequal distribution of income within a population, resulting in a gap between the richest and poorest individuals or households.

Megacorporations

Extremely large corporations, often with significant power and influence across multiple countries and industries.

National Governments

The organization that is the governing authority of a political unit, the ruling power of a nation.