Since the pace of economic globalization has slowed in recent years, there is less reason to be concerned about political and economic developments in other countries

Indicate whether the statement is true or false

FALSE

Business

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The federal Constitution provides that federal statutes and treaties are paramount to state constitutions

Indicate whether the statement is true or false

Business

A random sample of 16 students selected from the student body of a large university had an average age of 25 years. We want to determine if the average age of all the students at the university is significantly different from 24 . Assume the distribution of the population of ages is normal with a standard deviation of 2 years. At a .05 level of significance, it can be concluded that the mean age

is _____. a. not significantly different from 24 b. significantly different from 24 c. significantly less than 24 d. significantly less than 25

Business