Which of the Following Was/were Established as Part of the Fair

question 46

Multiple Choice

Which of the following was/were established as part of the Fair Labor Standards Act of 1938?

• A) standards for a legal workweek
• B) overtime pay
• C) minimum wages
• D) limits on child labor
• E) standards for a legal workweek, overtime pay, minimum wages, recordkeeping of hours, and child labor limits

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Definitions:

Unknown Parameters

Quantities in a statistical model that are not known a priori but are estimated from data.

P-values

The probability of observing a statistic as extreme as, or more extreme than, the statistic observed under the assumption that the null hypothesis is true.

Two-sided

Pertaining to hypothesis tests that consider deviations in both directions away from a specified null hypothesis.

One-sided

A term used in hypothesis testing to describe a test where the alternative hypothesis specifies a direction of the difference or effect.