P-Value for a Two Tailed Test with a Test-Statistic of 2.95

question 58

Multiple Choice

P-value for a two tailed test with a test-statistic of 2.95 from a sample of size 23.

• A)Less than 0.01
• B)Between 0.01 and 0.02
• C)Between 0.02 and 0.05
• D)Between 0.05 and 0.10
• E)Larger than 0.10

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Definitions:

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, with little government intervention.

Redistributing Income

The process of reallocating wealth and income across a society, typically through taxation and government programs, to reduce economic inequality.

Show of Generosity

A display or act where someone gives something or offers help to others without expecting anything in return.

Monetary Profit

Financial gain achieved when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the operation.