The Poverty Line (Threshold)is Defined As

question 20

Multiple Choice

The poverty line (threshold) is defined as:

• A) less than $15 000.
• B) the minimum annual income that is considered adequate to purchase the necessities of life.
• C) a static and inaccurate figure since it does not change when prices change.
• D) $20 000 for both individuals and households.

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Definitions:

F Distribution

A probability distribution used in statistics, especially in analysis of variance (ANOVA), to determine the variance among sample means.

Parameters

In statistics, parameters are numerical characteristics that describe and summarize features of a population.

Student t Distribution

A probability distribution used in significance testing, especially useful with small sample sizes or unknown population variances.

Symmetrical

A shape or object that is exactly the same on both sides of a dividing line or around a center point.