In Research Studies, the Term "Effect Size" Refers to

question 67

Multiple Choice

In research studies, the term "effect size" refers to

• A)how much each treated and untreated person in the study changes.
• B)the power of the statistical tests that are used to detect the impact of the independent variable.
• C)how many subjects are included in a particular study.
• D)the degree of external validity that the study has.

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Definitions:

Discount Rate

The interest rate charged by central banks on loans and advances to commercial banks and other financial institutions.

Reserve Requirements

Reserve requirements are central bank regulations that set the minimum amount of reserves that commercial banks must hold, either in their vaults or deposited with the central bank, as a percentage of their deposit liabilities.

Central Bank

An institution that manages a state's currency, money supply, and interest rates.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulation of financial institutions, and maintenance of financial stability.