Which of the Following Statements Is NOT Correct

question 16

Multiple Choice

Which of the following statements is NOT correct?

• A)Exposing them to empirical evidence can best test positive statements.
• B)Economic statements cannot be tested because human decisions involve free will.
• C)Economists test their theories by confronting the predictions of their theories with the evidence drawn from the real world.
• D)Economic predictions will be fulfilled when their underlying hypotheses conform to actual human behaviour.
• E)Normative statements cannot be tested by the scientific method.

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Definitions:

Significant Interaction

Indicates a combined effect of two or more variables on a dependent variable that is greater than the sum of their individual effects.

Pay Plan-Shift Combination

A specific arrangement of compensation structures associated with different work shifts, designed to offer variable pay rates based on the timing of shifts.

SS(Total)

The total sum of squares in an analysis of variance (ANOVA), representing the total variation in the data.

SST

In statistics, refers to the total sum of squares, a measure that quantifies the total variation within a dataset.