Let X Represent Weekly Income Expressed in Dollars

question 67

True/False

Let X represent weekly income expressed in dollars.Since there is no set upper limit,we cannot identify (and thus cannot count)all the possible values.Consequently,weekly income is regarded as a continuous random variable.

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Definitions:

Research Hypothesis

A proposed explanation or prediction about a relationship that can be tested through study and experimentation.

Null Hypothesis

A statistical hypothesis that assumes no significant difference exists in a particular condition or feature between two or more sets of data.

Supported

The state or condition of being backed up with evidence or data, making an assertion more robust or credible.

Reject

In statistics, to conclude that there is enough evidence to discard the null hypothesis in favor of the alternative hypothesis.