hypothesis


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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 ?
It is of much too grave a nature to speak of it, so long as it continues to be only a hypothesis.
The hypothesis of mental continuity throughout organic evolution may be used in two different ways.
You say they are marks of finger-nails, and you set up the hypothesis that she destroyed her child.
This hypothesis is examined by considering the specific audit tests selected by the auditors including:
Special care must be exercised in the interpretation of multiple statistical hypothesis tests--for example, when each of many tests corresponds to a different location.
Hypothesis H11: the firm age and quality of internal control have a positive association.
That is a universal hypothesis because, by identifying a single warming period that occurred prior to industrialization (e.
A hypothesis is a possible explanation based on observations or data that you can prove or disprove by testing.
A question is used when we do not have a particular hunch or hypothesis about the outcome of the study.
Our hypothesis, our idea of how the intervention will change something important in the patients treated, is based on the mechanism of action of our drug or on the results of previous trials or trials with similar substances done by somebody else.
smell first hypothesis laughing is a precautionary measure second
436, and also the significance level which is 0 for the chi-square test, with the confidence level of 95 % hypothesis H0 is rejected and hypothesis H1 of the difference in the answers is approved.