Why is it useful for a researcher to assess the effect size in addition to hypothesis testing?
Definitions:
Indonesia
A Southeast Asian country made up of thousands of volcanic islands, known for its beaches, volcanoes, Komodo dragons, and jungles sheltering elephants, orangutans, and tigers.
Microchip
A small semiconductor device containing electrical circuits, used in a wide variety of electronic equipment and devices.
Trade
The action of buying, selling, or exchanging goods and services between people, firms, or countries.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service and what they actually pay.
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