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.
A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it.
In addition, a hypothesis is usually a long statement used in the scientific method. Theory. Theory is the simplest tool that can be used to explain a certain phenomenon. Formulation of a theory involves many steps, and the final theory is put forward based on the results and their viability.