Why does the FDIC place a limit on the amount of money it will insure? a.
The FDIC has only limited reserves.
b.
Limiting the amount of money insured encourages people with a large amount of money to spread their money out among different banks, which stimulates the economy.
c.
The FDIC believes that insuring too much money encourages reckless investing.
d.
The limit prevents the money used to replace lost deposits from being taxed.

According to a research study, parents with young children slept 6.4 hours each night last year, on average. a random sample of 18 parents with young children was surveyed and the mean amount of time per night each parent slept was 6.8. this data has a sample standard deviation of 0.9. (assume that the scores are normally distributed.) researchers conduct a one-mean hypothesis at the 5% significance level, to test if the mean amount of time parents with young children sleep per night is greater than the mean amount of time last year. the null and alternative hypotheses are h0: μ=6.4 and ha: μ> 6.4, which is a right-tailed test. the test statistic is determined to be t0=1.89 using the partial t-table below, determine the critical value(s). if there is only one critical value, leave the second answer box blank.