hypothesis

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Related to significance: significance level

hypothesis

a prediction derived from theoretical analysis that is couched in a form precise enough to be subjected to testing against empirical data. In economics, hypotheses are generated by a process of logical deduction from sets of initial assumptions about the behaviour of consumers, producers, etc., and are generally tested by collecting economic data and using statistical techniques to analyse them. This testing can lead to modification of the economic theory in the light of the new economic data or to abandonment of that theory in favour of an alternative theory that better explains the facts. See HYPOTHESIS TESTING.
References in classic literature ?
Levin scowled, and without answering her, he sat down again to his work, repeating to himself all that he had been thinking of the real significance of that work.
The great events of his life are of public as well as private significance, appropriately, therefore, invested with public ceremonial.
I will not destroy its simplicity or its significance by any attempt to quote.
It was evident that colours and forms had a significance for Strickland that was peculiar to himself.
There was imperative need to adjust myself, to consider the significance of the changed aspect of things.
Their sense of bated breath for significance draws them forward.
Electronic auction: repair of public roads of local significance of the city of yekaterinburg as an administrative center of the sverdlovsk region
A New Year message of the army chief issued by Inter-Services Public Relations director general Asif Ghafoor on his Twitter account late on Sunday night said that 2018 would have immense significance for Pakistan as it would have to face both internal and external challenges in the year.
This circuit split calls for a comprehensive analysis of practical significance testing across disparate impact's stages.
Synopsis: Against the backdrop of the changing seasons, Shirley Camia's poetry comprising "The Significance of Moths" offers a graceful exploration of home and memory through the eyes of the migrant and the migrant child.
Named after Italian mathematician Carlo Emilio Bonferroni (1892-1960) but first attributed to Olive Jean Dunn, the Bonferroni correction compensates for multiple comparisons by dividing the significance level by the number of comparisons.
When results are reported, the statistical test score is provided with the significance level.