A Hypothesis Is

question 31

Multiple Choice

A hypothesis is

• A)an assumption about behavior
• B)a prediction of what will occur given certain assumptions
• C)a prediction of what will occur regardless of assumptions
• D)a forecast of future events
• E)useful only if the assumptions are realistic

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Definitions:

Initial Setup Costs

The expenses incurred during the setting up of a new business, project, or system before it is operational.

Economic Condition

The state of a country or region in terms of the production and consumption of goods and services and the supply of money.

Expected Value

The anticipated value for a given investment in the future, taking into account both the probability and the magnitude of all possible outcomes.

Wager Amount

The sum of money staked on the outcome of a bet or gamble.