Examlex
Which of the following is TRUE of the structure of the Fed? I. All seven members of the Board of Governors are appointed by the President. II. The Fed is an agency of the federal government. III. The Secretary of the Treasury chairs the Federal Open Market Committee.
Alternative Hypothesis
A hypothesis that proposes a statistical relationship between variables, opposite to the null hypothesis suggesting no relationship.
Main Effect
The direct impact of an independent variable on a dependent variable in an experimental design.
Null Hypothesis
A default hypothesis that there is no effect or no difference, and any observed difference is due to sampling or experimental error.
Interaction Effect
A phenomenon in which the effect of one independent variable on the dependent variable varies depending on the level of another independent variable.
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