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An Allocation That Is ________ Exists If There Is No

question 103

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An allocation that is ________ exists if there is no way to change a resource allocation that makes someone worse off when allocating more to another.


Definitions:

Population Proportion

A statistic that represents the fraction of the population that has a particular characteristic or attribute.

Chi-squared Test

A statistical test used to determine the likelihood of an observed distribution of data differing from a theoretical distribution.

Chi-squared Test

A statistical test used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories.

Contingency Table

A type of table used in statistical analysis to summarize the relationship between several categorical variables.

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