A Type I error occurs in hypothesis testing when we_____________________________
A) reject the alternative hypothesis and the alternative hypothesis is true
B) fail to reject the null hypothesis and the null hypothesis is false
C) fail to reject the alternative hypothesis and the alternative hypothesis is false
D) reject the null hypothesis and the null hypothesis is true
D
Business
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A major criticism of the IMF is that it imposes tight macroeconomic policy on any country it lends money to. This is referred to as a(n) _____ approach.
Fill in the blank(s) with the appropriate word(s).
Business
Which test is especially useful when the sample size is less than 30 and the population standard deviation is unknown?
a. t-test b. z-test c. ANOVA d. F-test e. n-way ANOVA
Business