If a Repeated-Measures Analysis of Variance Usually Has an Error

question 40

Multiple Choice

If a repeated-measures analysis of variance usually has an error term that is smaller that the error term in the corresponding between-subjects design, then we can assume that

• A) repeated-measures designs have less power.
• B) repeated-measures designs have greater power.
• C) there are no differences due to power between the two kinds of designs.
• D) neither design has very much power.

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Definitions:

Price Discrimination

Charging different prices to different buyers for products of like grade and quality.

Market Segments

Sub-groups of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities such as needs, wants, or interests.

Market Size

Market Size is the total volume or value of sales that a particular market reaches or is expected to reach within a specified period.

Cost-effectiveness

Evaluating the efficiency of an investment or expense based on the cost relative to the benefits or outcomes achieved.