Examlex
Which of the following shifts short-run aggregate supply right?
Null Hypothesis
A hypothesis that assumes no significant difference or effect, serving as the default assumption in statistical hypothesis testing.
Alternative Hypothesis
A hypothesis that contradicts the null hypothesis; it suggests there is an actual effect or difference.
Two-sided Test
A statistical test that considers both directions of effect by evaluating whether a parameter is either significantly higher or lower than a hypothesized value, allowing for rejection of the null hypothesis for deviations in two directions.
P-value
A metric used in statistics to assist researchers in assessing the importance of their findings, signifying the chance of achieving the observed outcomes assuming the null hypothesis is accurate.
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