Suppose we have estimated the slope of a supply curve and wish to test whether the supply is flat, that is. whether its slope is 0. What is the null hypothesis? Should we use a one tailed test? What is the alternative hypothesis?© BrainMass Inc. brainmass.com October 9, 2019, 9:59 pm ad1c9bdddf
Since what we want to test is if the supply curve is flat, that is, if its slope m is equal ...
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