Which of the Following Is a Long-Run Indirect Effect of Schooling

question 25

Multiple Choice

Which of the following is a long-run indirect effect of schooling?

• A) Greater future earning power
• B) Subsidies for transportation to and from school could mean increased income and consumption now
• C) The status of the family increases
• D) Increased voting improves the democratic process

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Definitions:

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, used as a benchmark to decide whether an observed result is statistically significant.

Hypotheses Testing

In statistics, a method that utilizes information from a sample group to evaluate a presumption about a population's parameter.

Kruskal-Wallis Test

A nonparametric test used to compare three or more independent samples to determine if there is a significant difference between their medians.

Ordinal Data

Data that can be ranked or ordered along some dimension but does not have a fixed distance between rankings.