Which statement is NOT true?
a. The greater the level of confidence, the more likely it is that the confidence interval actually includes the true population mean.
b. The greater the level of confidence, the larger the z-score.
c. The greater the level of confidence, the wider the confidence interval.
d. Rejecting the null hypothesis when it is true is a Type II error.
d
RATIONALE: Rejecting the null hypothesis when it is true is a Type I error.
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If an employer refuses to promote a qualified female to a management position because of her sex, this would be in violation of Title VII
Indicate whether the statement is true or false
According to the World Trade Organization, in 2014 merchandise exports:
A. decreased by almost 50 percent. B. declined for the first time since 1983. C. remained fairly consistent. D. reached a record high.
Which of the following is not a popular definition of quality?
A) Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. B) Quality is defined as a competitively priced product that surpasses customer needs. C) Quality is the degree to which a product conforms to design or specification. D) Quality is fitness for use. E) Even though quality cannot be defined, you know what it is.
If a firm sold some inventory on credit, its current ratio would probably not change much, but its quick ratio would increase.
Answer the following statement true (T) or false (F)