Researchers in Psychology Usually Set Alpha to Which of the Following

question 8

Multiple Choice

Researchers in psychology usually set alpha to which of the following values?

• A) .05
• B) .50
• C) .01
• D) .10

---

Definitions:

Entry Fee

A charge that must be paid to gain access to a particular service, activity, or location.

Consumption

Refers to the act of using goods and services to satisfy needs and wants.

Income

The money received on a regular basis for work or through investments.

Optimal Consumption

The level of consumption at which a consumer achieves the highest possible satisfaction or utility given their income and the prices of goods and services.