List of top Statistics for Economics Questions on Hypothesis testing

Let 𝑥 and 𝑦 be two consumption bundles, assumed to be non-negative and perfectly divisible. Further, the assumptions of completeness, transitivity, reflexivity, non-satiation, continuity, and strict convexity are satisfied. Then, which of the following statements is NOT CORRECT?

Which one of the following is a non-parametric test?

Let 𝜋 be the proportion of a population vaccinated against a disease. An estimate ̂𝜋 = 0.64 is found using a sample of 100 individuals from the population. The 𝑧 test statistic for the null hypothesis 𝐻₀ : 𝜋 = 0.58 is ________ (round off to 2 decimal places).