Statistical Tests _____.​

question 45

Multiple Choice

Statistical tests _____.​

• A)​tell us whether the differences between groups are in all probability real or due to coincidence
• B)make it hard to decide what the research findings mean
• C)identify significant differences between the findings from the experimental and control groups
• D)tell us about the similarities between groups by focusing on finding identical results between participants in the experimental group
• E)​tell us whether the differences between groups are in all probability real or due to coincidence and identify significant differences between the findings from the experimental and control groups

---

Definitions:

Market Equilibrium

The condition in which market supply equals market demand, such that prices become stable.

Increased Demand

Describes a situation where a larger number of consumers are willing and able to purchase a good or service at a given price, often leading to higher prices or a market shortage if supply does not increase correspondingly.

Price Ceiling

A legally established maximum price that can be charged for a good or service, preventing prices from reaching equilibrium levels.

Surplus

A situation where the quantity of a product supplied exceeds the quantity demanded, often resulting in a decrease in prices.