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Effect-Size Statistics Enable Us to Compare the Effects of Different

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Effect-size statistics enable us to compare the effects of different interventions across studies using different types of outcome measures.


Definitions:

Percentage

A percentage is a way of expressing a number as a fraction of 100.

Expected Utility

The sum of the utilities coming from all possible outcomes of a deal, weighted by the probability of each occurring.

Risk-loving

An inclination to engage in behaviors or decisions that involve exposure to uncertainty, with the potential for higher rewards.

Expected Value

The sum of the payoffs associated with each possible outcome of a situation weighted by its probability of occurring.

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