The Power of the Test Is A $t$ Or A $t ^ { 2 }$

question 23

Short Answer

The power of the test is a. dependent on whether you calculate a $t$ or a $t ^ { 2 }$ statistic.
b. one minus the probability of committing a type I error.
c. a subjective view taken by the econometrician dependent on the situation.
d. one minus the probability of committing a type II error.

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Definitions:

Shadowing Performance

A task in cognitive psychology where an individual repeats speech immediately after hearing it, used to study attention and language processing.

Kahneman's Model

A psychological theory attributed to Daniel Kahneman that distinguishes between two modes of thought: fast, intuitive thinking (System 1) and slower, more rational thinking (System 2).

Mental Resources

Cognitive capacities and energies available to an individual for processing information and solving problems.

Treisman's Attenuation Theory

Treisman's Attenuation Theory is a model of selective attention that proposes a weakened strength of unattended messages rather than a complete blockage, allowing for meaningful stimuli to be processed at a lower priority.