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Willie's wage increased, and he responded by enjoying more hours of leisure per day. Is Willie's behavior consistent with an upward-sloping labor-supply curve?
Shift In Distribution
A change in the overall characteristics of a data set's distribution, such as its mean, variance, or shape, that deviates from a previously observed or expected pattern.
Rejection Region
In hypothesis testing, the range of values for which the null hypothesis is rejected, indicating that the observed data is highly unlikely under the null hypothesis.
Wilcoxon Rank Sum Test
A nonparametric test that compares two independent groups to assess if their populations have the same distribution.
Wilcoxon Rank Sum Test
This is a method in statistics, not based on parameter assumptions, used for comparing the mean ranks of two distinct samples to see if they differ.
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