In multiple regression analysis, a dummy variable is ____________.
A. An additional quantitative variable
B. A nominal variable with three or more values
C. A nominal variable with only two values
D. A new regression coefficient
The mean annual income of certified welders is normally distributed with a mean of
$50,000 and a population standard deviation of $2,000. The ship building association
wishes to find out whether their welders earn more or less than $50,000 annually. The
alternate hypothesis is that the mean is not $50,000. If the level of significance is 0.10,
what is the decision rule?
A. Do not reject the null hypothesis if computed z lies between -1.645 and +1.645;
otherwise, reject it.
B. Do not reject the null hypothesis if computed z is greater than 1.645; otherwise,
reject it.
C. Do not reject the null hypothesis if computed z lies between -1.960 and +1.960;
otherwise, reject it.
D. Reject the null hypothesis if computed z is below -1.960; otherwise, reject it.