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Imagine I ran a one-way repeated-measures ANOVA with five levels on the independent variable. The results revealed a Greenhouse-Geisser estimate, = .977, and the Huynh-Feldt estimate, = .999. What do these values tells us about the assumption of sphericity?
Equivalent Variation
An economic measure of the amount of money that leaves an individual equally well off, given changes in prices or utility.
Income
The financial gain received by an individual or entity, typically measured over a certain period, resulting from labor, investments, or other sources.
Prices
The amount of money required to purchase a good, service, or asset, often determined by factors such as supply and demand, production costs, and market competition.
Utility Function
A mathematical representation in economics that captures the satisfaction or utility a consumer derives from consuming goods or services.
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