What is a hypothesis?
A) It is a normative economic statement.
B) It is a testable proposition.
C) It is a statement that cannot be evaluated using real-world data.
D) It is a model with no connection to the real world.

Question

Quizplus · Accepted Answer

A hypothesis is a testable proposition that can be proven or disproven through observations or experiments. It is an idea that can be tested using empirical evidence. Therefore, option B is the correct answer. Option A is not correct because a normative statement cannot be tested or proved. Option C is also incorrect because a statement that cannot be evaluated using real-world data cannot be a hypothesis. Option D is also not correct because a hypothesis must be connected to the real world through empirical evidence.

What Is a Hypothesis