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In Any Case Where There Is a Positive Externality, Forming

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In any case where there is a positive externality, forming a government agency to solve the problem rarely results in an efficient outcome.


Definitions:

Factorial Design

A research design used to explore more than one treatment variable.

Fourth Graders

Students who are in the fourth grade of school, typically around 9 or 10 years old.

ANOVA

Analysis of Variance, a statistical method used to compare the means of three or more samples to find differences.

Research Hypothesis

A statement predicting the relationship between variables in a study, opposing the null hypothesis.

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