In Science, If an Inference or a Guess Is Stated

question 28

Short Answer

In science, if an inference or a guess is stated in a way that allows it to be tested, it is called a ________________________.

Differentiate between directional and nondirectional F-tests.

Identify when and why factorial design is used in ANOVA.

Understand the concept of hypothesis testing and the role of the null hypothesis.

Learn how to calculate degrees of freedom in different scenarios.

---

Definitions:

Disposable Income

Net financial resources for households to allocate towards spending and savings after income taxation.

Savings

The portion of income not spent on consumption of goods and services, often put aside for future use or investment.

Disposable Income

Financial assets available to households for expenditure and savings after income taxes.

Inventory Investment

The net change in physical inventory levels for businesses over a certain period, indicating how much companies are spending to stock goods.