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The Effect of Workers Migrating from Low-Wage Mexico to High-Wage

question 27

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The effect of workers migrating from low-wage Mexico to high-wage United States is to redistribute income from capital to labor in the United States and from labor to capital in Mexico.


Definitions:

Test Statistic

A statistical measure computed to assess the evidence against a null hypothesis in a testing framework.

Null Hypothesis

A statement used in statistical testing that assumes no effect or no difference and is tested against an alternative hypothesis.

Level Of Significance

The probability of making a Type I error when the null hypothesis is true as an equality.

Population Variances

A measure of the spread between numbers in a data set, showing how much each number differs from the mean of the population.

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