The Implosion of the Financial Markets in 2008 Was Largely

question 20

Multiple Choice

The implosion of the financial markets in 2008 was largely the result of:

• A) illegal behavior
• B) the Federal government intervention
• C) government regulation
• D) unethical activities in that they ultimately produced great harm

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Definitions:

5% Significance Level

A threshold in hypothesis testing that indicates a 5% probability of rejecting the null hypothesis when it is actually true, a standard benchmark in statistical analysis to determine significance.

Location Of Population

Describes the geographic or spatial distribution of members or elements of a given population.

Approximate Normal Distribution

A distribution that is closely similar to a normal distribution in properties but not exact.

Wilcoxon Rank Sum Statistic

A nonparametric test used to determine if there are significant differences between two sets of observations.