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On a graph showing real national income on the vertical axis and time on the horizontal axis,the fluctuations of real national income around the trend-line would indicate the
Observations
The act of systematically viewing and recording phenomena or data to gather information about the world.
P-Value
A measure that indicates the probability of obtaining test results at least as extreme as the ones observed during the test, assuming that the null hypothesis is correct.
Level of Significance
Another term for significance level, indicating the criterion used for rejecting the null hypothesis in statistical hypothesis testing.
Treatment Sum
The total sum of all the values of the outcome variable for a specific treatment level in an experimental design.
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