A Model Is Based on an Assumption That an Additional

question 13

Multiple Choice

A model is based on an assumption that an additional year of education increases a student's future wage by 20 percent.
-Refer to the scenario above.Which of the following statements is true about the model?

• A) The model is not based on any assumption.
• B) The predictions of the model will hold for every individual.
• C) The model describes the economic payoff of more education.
• D) The model can be applied for a maximum of 10 years of additional education.

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Definitions:

Well-rounded Program

A program designed to cover various aspects or areas to ensure comprehensive development or improvement.

Flexibility

The ability of a joint or series of joints to move through an unrestricted, pain-free range of motion.

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A form of physical activity designed to improve muscular fitness by exercising a muscle or a muscle group against external resistance.

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A digestive system condition where an individual has hard feces that are difficult to expel, often resulting in infrequent bowel movements.