Pet Preference Was Compared for Four Different Types of Animals

question 7

Multiple Choice

Pet preference was compared for four different types of animals (dogs, cats, birds, and fish) , using a one-way within-groups ANOVA with nine participants.The standard error was calculated as 0.19.What is the Tukey HSD value when comparing data for cats and birds, given the following means for preference: Dogs M = 4.43, Cats M = 4.18, Birds M = 2.73, Fish M = 4.07?

• A) 7.63
• B) 6.90
• C) 0.13
• D) -7.63

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Definitions:

Equilibrium Level

The point at which market supply and demand balance each other, and as a result, prices become stable.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.

Shortage

A situation where the demand for a good or service exceeds its supply in the market, often leading to increased prices.

Initial Equilibrium

The initial state of balance where the supply and demand curves intersect, determining the market price and quantity before any external changes.