Examlex
What does the Solow model predict about convergence? Why does conditional convergence occur?
Statistical Significance
The probability that an observed difference or relationship exists in a population, not just in the sample studied.
Hypothesized Reason
A suggested theory developed from minimal evidence intended to serve as a foundation for additional research.
Statistical Significance
A determination that a relationship between variables is not likely to be due to chance at a specified level of probability.
Type II Errors
A false negative in hypothesis testing, where the test fails to reject a false null hypothesis.
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