Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.16P
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Question
![The value of z-critical is:
3 points
a. 1.96
b. 2.33
c. 1.65
d. 0.475](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30d278f9-ab08-484d-9a10-1117b61bc6d0%2Fdb0a8046-bfc5-4c85-bbde-161beb1857ca%2Fcg2iq4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The value of z-critical is:
3 points
a. 1.96
b. 2.33
c. 1.65
d. 0.475
![The decision rule is to : *
2 points
a. Reject HO if Z-statistic is greater
than Z-critical .
b. Reject HO if Z-statistic is less than
Z-critical.
c. Fail to reject H0 if Z-statistics is
greater than Z-critical.
O d. None of the above.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30d278f9-ab08-484d-9a10-1117b61bc6d0%2Fdb0a8046-bfc5-4c85-bbde-161beb1857ca%2Fejwpa2f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The decision rule is to : *
2 points
a. Reject HO if Z-statistic is greater
than Z-critical .
b. Reject HO if Z-statistic is less than
Z-critical.
c. Fail to reject H0 if Z-statistics is
greater than Z-critical.
O d. None of the above.
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