Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
Minimum wage I think lol may be wrong
U don’t need a college degree to be a bank teller
Answer:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
Explanation:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
This type of approach want every single member involvement and their ideas to be share among the present group. The main advantage of this approach is that it include every individual participation, chaos or noise between the discussion is less.
Answer:
wages cannot adjust downward quickly and easily.
Explanation:
In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."
Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.
