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A random sample from a normal population yields (80.0, 110.0) as a 95% confidence interval for µ. Which of the following are true? (All tests are two-sided.)
I) At any α < 0.05 we can reject H0 : µ = 111.
II) The numerical value 109.0 may not lie within the 99% confidence interval for µ.
III) The P-value here for testing H0 : µ = 105 is < 0.05.
Please explain your reasoning.
If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd))
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a. With 95% confidence, what is the margin of error? b. What is the 95% confidence interval estimate of the population mean score?
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In a zero-sum game
An important reason that the quantity theory of money is less popular today is that:
q1. which of the following is not a possible explanation as to why wage inequality increased markedly over the last 40
Also, discuss as we moved from barter to the gold standard to the current fiat money system, how does the impact of inflation also change with time?
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