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Suppose a Country Imposes New Restrictions on How Many Hours

question 133

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Suppose a country imposes new restrictions on how many hours people can work.If these restrictions reduce the total number of hours worked in the economy,but all other factors that determine output are held fixed,then


Definitions:

Null Hypothesis

A statement used in statistics that proposes there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.

Scientific Hypothesis

A testable prediction about the relationship between two or more variables, forming the basis for an experiment or observational study.

Observations

The act of watching carefully with attention to details for the purpose of gathering data.

Experiment

A scientific procedure undertaken to test a hypothesis by manipulating and measuring variables to observe the effect.

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