1. Economists use to form hypotheses and A. Simplifying assumptions; mathematical models B. Historical data; observed correlations C. Mathematical models; statistical methods** D. Natural experiments; simplifying assumptions to test those hypotheses.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.3: Conditional Probability; Independent Events; Bayes' Theorem
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1. Economists use
to form hypotheses and
A. Simplifying assumptions; mathematical models
B. Historical data; observed correlations
C. Mathematical models; statistical methods**
D. Natural experiments; simplifying assumptions
to test those hypotheses.
Transcribed Image Text:1. Economists use to form hypotheses and A. Simplifying assumptions; mathematical models B. Historical data; observed correlations C. Mathematical models; statistical methods** D. Natural experiments; simplifying assumptions to test those hypotheses.
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