Related to the Runs Test,if You Use a Z-Statistic and You

question 20

Multiple Choice

Related to the runs test,if you use a Z-statistic and you get a Z value greater than 2.0,this means that there is evidence of _____in the series

• A) randomness
• B) nonrandomness
• C) nonnormality
• D) heteroscedasticity

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Definitions:

Connective

A term used in mathematics and logic to denote operations that combine statements, propositions, or terms.

Conditional Statement

A logical statement that has two parts: a hypothesis (if) and a consequent (then), where the consequent follows logically from the hypothesis.

Antecedent

The condition in a conditional statement that if true, may lead to the consequence or conclusion.

Consequent

The outcome or result in a conditional statement, typically following the word "then" in an "if...then..." structure.