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The Timing of Rewards and Punishments Has a Large Impact

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Essay

The timing of rewards and punishments has a large impact on decisions for immediate self-interest versus long-term group benefit.Describe what is meant by moving future negative consequences into the present,and also adding immediate punishments for undesirable behaviors.Provide an example of each.


Definitions:

Variance

A measure of the dispersion or spread of a set of values, indicating how much the values differ from the mean of the set.

Population

The set of all elements of interest in a particular study.

F Distribution

A probability distribution that arises in the analysis of variance and is used to calculate differences among group means when the groups have different sizes.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, often related to the number of values in the final calculation of a statistic that are free to vary.

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