In an Attempt to Reduce Poaching of Elephant Tusks for Ivory

question 108

Multiple Choice

In an attempt to reduce poaching of elephant tusks for ivory, officials in Kenya burned illegally gathered ivory.Economists tend to point out that

• A)poaching can be reduced with price supports for ivory.
• B)the supply of ivory has fallen, leading to an increase in price and reward for poaching.
• C)burning ivory decreases demand, leading to lower prices and reward for poaching.
• D)the demand for ivory is higher, leading to an increase in price and reward for poaching.
• E)burning ivory raises demand, and controlled prices will lead to even greater poaching.

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Definitions:

Tukey's Multiple Comparison

A statistically rigorous method used to find means that are significantly different from each other after conducting an ANOVA.

Studentized Range

A statistical measure used in analyzing the spread of data points relative to their mean, particularly useful in assessing the significance of differences observed in data sets with different sample sizes.

Critical Value

A threshold in hypothesis testing that separates the region where the null hypothesis is rejected from the region where it is not rejected, often found using statistical tables.

Total SS

A measure in statistical analysis that quantifies the total variance within a dataset, used in various regression models.