Before Running an Experiment, We Decide to Calculate Power

question 42

Multiple Choice

Before running an experiment, we decide to calculate power. We find that the power equals .95. What conclusion can be made?

• A) We should not run the experiment.
• B) 95% of the time, we will not find a significant result.
• C) We should run the experiment.
• D) We need 95 subjects to find a significant result.

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Definitions:

Negotiator

A person skilled in discussing and arranging terms and agreements between parties with differing objectives.

Preparation

The act of making ready or being made ready for use or consideration.

Decision-Making Criteria

The standards or factors considered when making a choice or judgment.

Levels of Desire

The varying degrees of eagerness or interest that consumers have towards purchasing or engaging with a product or service.