Why Would the Amount of Education Provided Be Inefficient If

question 77

Essay

Why would the amount of education provided be inefficient if subsidies to education were not provided?

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Definitions:

Significance Level

The probability of rejecting the null hypothesis when it is actually true; a threshold chosen by the researcher to indicate the level of evidence needed to reject the null hypothesis.

Kruskal-Wallis Test

A nonparametric statistical test used to compare three or more independent samples to determine if they originate from the same distribution.

P-value

The probability of obtaining a test statistic at least as extreme as the one that was actually observed, assuming that the null hypothesis is true.

Test Statistic

A value calculated from sample data during a hypothesis test that is compared to a threshold value to decide whether to reject the null hypothesis.