In Order to Formulate Whether or Not the Alternative Hypothesis

question 17

Essay

In order to formulate whether or not the alternative hypothesis is one-sided or two-sided, you need some guidance from economic theory. Choose at least three examples from economics or other fields where you have a clear idea what the null hypothesis and the alternative hypothesis for the slope coefficient should be. Write a brief justification for your answer.

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Definitions:

Generous Person

An individual known for giving more of something, especially money or time, than is strictly necessary or expected.

False Consensus Hypothesis

The tendency to overestimate the extent to which others share our beliefs, attitudes, and behaviors.

Fundamental Attribution Error

A cognitive bias in social psychology where people underestimate situational influences and overestimate dispositional influences on others' behavior.

Save Face

The act of striving to maintain one's dignity, honor, or reputation in the face of embarrassment or shame.