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Credit card debt for 10 people was compared before a major economic crash (perha

ID: 3180166 • Letter: C

Question

Credit card debt for 10 people was compared before a major economic crash (perhaps one like that of 2008) and then after economic recovery, let's say five years later. Which of the following is an appropriate null hypothesis for this research?

A. Credit card debt before the economic crash will be approximately the same as that after the economic recovery.

B. Credit card debt increases over time.

C. Credit card debt will be different after economic recovery compared to just prior to an economic crash.

D. Economic recoveries have no impact on debt carried by citizens.

Explanation / Answer

Here we need to want to known whether economic recovery increass the debt carried by the citizens so null hypothesis will be

A. Credit card debt before the economic crash will be approximately the same as that after the economic recovery.

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