As a Result of an Increase in the Earnings Gap

question 117

True/False

As a result of an increase in the earnings gap between skilled and unskilled jobs, the incentive to get a college education has been declining.

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Definitions:

Null Hypotheses

A hypothesis that suggests there is no statistical significance in a set of given observations.

Elementary Students

Young learners typically in grades kindergarten through fifth or sixth, depending on the educational system.

Statistical Analysis

The process of collecting, exploring, and presenting large amounts of data to discover underlying patterns and trends and make decisions.

P-Value

The probability of obtaining test results at least as extreme as the observed results, assuming the null hypothesis is true.