Given the Following Data for Two Groups, Answer Questions 50-52

question 21

Multiple Choice

Given the following data for two groups, answer questions 50-52.
-The formula for degrees of freedom for independent t tests is n₁+n₂-2) . Therefore, the degrees of freedom for this dataset equals

• A) 4
• B) 5
• C) 8
• D) 10

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Definitions:

Tangency

The point at which two curves meet without intersecting, often used in economics to denote the point of optimal allocation of resources.

Output

The total amount of goods or services produced by a firm or economy over a specific period.

Isoquant

A curve in economic theory that represents all the combinations of inputs which produce the same level of output.

Isoquant

A curve that represents all the combinations of inputs that result in the production of a certain level of output.