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What is The greatest degree of confidence in an economic generalization?
A principle. The least, a hypothesis.
What is the outcome of hypothesis testing?
a. the hypothesis ispartly true but needs to be revised. b. the hypothesis wrong. c. the hypothesis is supported. d. the hypothesis is of no value.
Discuss the goals of econometrics?
1. To verify economic theories and hypothesis establishing empirical informations. 2. To obtain reliable estimate of the co-efficient of economic relationship and use them for policy decisions. 3. Using the numerical estimate of the coefficient to forecast future values of the economic magnitude.
Two reason why an experiment might not support a hypothesis even when the hypothesis is correct?
An experiment might not support a hypothesis even if the hypothesis is correct because if the conclusion
Define the term hypothesis Why must it be testable?
Is a proposed explanation for a phenomenon. A hypothesis must be tested for it to be a scientific hypothesis.
What is The greatest degree of confidence in an economic generalization?
A principle. The least, a hypothesis.
A possible explanation or answer to a question is a?
A hypothesis
What is the important of farm in nigeria economicthe backgronud of the studythe research question and the hypthesis?
what is the important farm in Nigerian economic the study and research question and hypothesis
What is jalousy hypothesis?
Jalousy hypothesis is synonymous to null hypothesis. A hypothesis that leads to nowhere
When do we reject a hypothesis?
When we've proven that the hypothesis is false !
What is a testable explanation of a situation?
A hypothesis.
What is a verbal hypothesis?
ANSWER: A verbal hypothesis is when you say a hypothesis orallly.
What should you do after you form a hypothesis?
test your hypothesis.
What is the difference between a hypothesis and a working hypothesis?
The difference is that working hypothesis is that your still working on it but the hypothesis that your not working on it.
What is the outcome of hypothesis testing?
a. the hypothesis ispartly true but needs to be revised. b. the hypothesis wrong. c. the hypothesis is supported. d. the hypothesis is of no value.
What causes hypothesis to be rejected?
We have two types of hypothesis i.e., Null Hypothesis and Alternative Hypothesis. we take null hypothesis as the same statement given in the problem. Alternative hypothesis is the statement that is complementary to null hypothesis. When our calculated value is less than the tabulated value, we accept null hypothesis otherwise we reject null hypothesis.
What is difference between a hypothesis and a scientific hypothesis?
A scientific hypothesis has to be testable.
