Consider a Study in Which the Population Variance Estimate Based

question 51

Multiple Choice

Consider a study in which the population variance estimate based on a treatment group of 14 participants is 8, and the population variance estimate based on a control group of 17 individuals is 9. Compute the pooled estimate of population variance.

• A)8.55
• B)9.22
• C)10. 05
• D)11.11

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Definitions:

Policy Makers

Individuals or groups responsible for making decisions that affect the economy, society, or governance.

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like.

Positive Economics

An approach to economics that seeks to understand and explain the economy as it is, based on factual observations without making normative judgments.

Normative Statements

Opinions or judgments that reflect beliefs about what ought to be rather than statements that can be tested or verified.