Before Hypothesis Testing and at the Beginning of a Study

question 47

Multiple Choice

Before hypothesis testing and at the beginning of a study, a researcher is advised to conduct _____ because it _____.

• A) a power analysis; tells the researcher the number of participants needed for trustworthy results
• B) an effect size estimate; tells the researcher the number of participants needed for trustworthy results
• C) a statistical significance; determines how meaningful the study results will be
• D) alpha testing; determines how meaningful the study results will be

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Definitions:

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action, such as progressive tax systems and welfare.

Inflation

An overall uptick in price levels and a decline in the value of money.

Liberal Economist

An economist advocating for policies promoting free market principles, minimal government intervention, and individual liberties in economic matters.

Government Spending Cuts

Government Spending Cuts involve the reduction of public sector expenditure in an attempt to balance budgets and reduce deficits.