What Is the Main Advantage of Using a Factorial Design

question 117

Multiple Choice

What is the main advantage of using a factorial design instead of doing separate studies of each variable?

• A)Speed: with a factorial design you are able to carry out a study at twice the speed of other designs.
• B)Effect size: with a factorial design you can increase the effect size by a factor of 2-4.
• C)Efficiency: with a factorial design you study both variables at once without needing twice as many participants.
• D)Both A and B.

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Definitions:

Preferred Shares

A class of ownership in a corporation that has a higher claim on the company's assets and earnings than common shares, usually with fixed dividends.

Share Capital

The total value of a company's shares of stock that have been issued to shareholders.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders, but retained by the company to reinvest in its core business or to pay debt.

Contributed Surplus

Contributed Surplus is an equity account that reflects excess amounts received by a company over the par value of its stock from the sale of shares directly to investors.