When You Have a Single Sample and Want to Compute

question 51

Multiple Choice

When you have a single sample and want to compute an effect size measure, the most appropriate denominator is

• A) the variance of the sample.
• B) the standard deviation of the sample.
• C) the sample size.
• D) none of the above

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Definitions:

APS

Average Propensity to Save, the proportion of total income that is saved by the economy or an individual.

Consumption

Pertains to the aggregate volume of products and services that are purchased and consumed by families and people.

MPC

The marginal propensity to consume, which is the fraction of additional income that a household spends on consumption.

Disposable Income

Financially viable resources for households' spending and saving strategies after deducting income taxes.