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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 prefix is there for hypothesis?
Hypo is the prefix. It is from Classical Greek, and means 'under' or' less than'. Compare with 'Hyper' . Again from Classical Greek meaning 'over' or 'greater than'. Hypothesis means it is 'less than' a theorem( a truth). Compare with 'Hyperactive', a person who over-active.
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.
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.
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.
