When the Null Hypothesis Is True, the Ratio of the Between-Groups

question 116

Short Answer

When the null hypothesis is true, the ratio of the between-groups population variance estimate to the within-groups population variance estimate should be about __________.

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Definitions:

Tax Rate

The per-unit amount of the tax or the percentage rate at which the economic activity is taxed.

Tax Burden

The aggregate sum of taxes that individuals or businesses remit, correlated to their earnings or profits.

Inelastic

Describes a situation where the demand or supply for a good or service is not significantly altered when the price changes.

Elastic

A characteristic of a product or service indicating that a change in price leads to a significant change in the quantity demanded or supplied.