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If there is always a three- for- one trade- off between the production of goods X and Y, then the production possibilities boundary for X and Y is
One-tailed Hypothesis
A statistical hypothesis test where the region of rejection is on only one side of the sampling distribution.
Nondirectional Hypothesis
A type of hypothesis that specifies that a difference or relationship exists, but does not predict the direction of the difference or relationship.
Two-tailed Hypothesis
A hypothesis test that allows for the possibility of a relationship in both directions, not specifying the direction of the relationship.
Invalid Hypothesis
A hypothesis that is disproven or found to be incorrect based on evidence or statistical analysis.
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