Suppose Bob Works for Mary as a Proofreader

question 57

Multiple Choice

Suppose Bob works for Mary as a proofreader.Mary and Bob fall deeply in love,marry,and have eight children.Bob stops working for Mary in order to care for the children.What will be the effect on GDP?

• A)GDP will decrease.
• B)GDP will increase.
• C)GDP will not change.
• D)GDP may increase or may decrease depending on inflation.

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Definitions:

Null Hypothesis

A statement or assumption that there is no effect or no difference, and is the hypothesis that researchers aim to test against.

Hypothesized Value

A specific value or condition proposed in a hypothesis that is tested through statistical analysis.

One-Tail Test

A type of statistical hypothesis test where the rejection area is located on just one side of the sampling distribution.

Two-Tail

Pertains to a type of statistical test that assesses the possibility of an effect being in two opposite directions, not favoring either tail of the distribution.