Millionaires are Baby Boomers (or Older) For most Americans, incomes tend to rise with age and experience. Thus, it is not surprising that in 2009, 80 percent of millionaires were older than age 45 and close to half of all millionaires (46 percent) were older than age 55.
Theory. A scientific theory summarizes a hypothesis or group of hypotheses that have been supported with repeated testing. A theory is valid as long as there is no evidence to dispute it. Therefore, theories can be disproven.
A hypothesis is a claim about a parameter that youâre interested in. The simplest hypotheses are about the parameters of a single variable, such as the mean of a population.