When a Research Report Demonstrates a Significant Treatment Effect at the .05

question 2

True/False

When a research report demonstrates a significant treatment effect at the .05 level, you can be more confident that the effect is real than if the researcher had reported a significant effect with an alpha level of only .01.

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Definitions:

Labor Surplus

A situation where the supply of labor exceeds the demand for labor, often leading to unemployment.

Unemployment Insurance

A government-provided insurance that pays out when an individual loses their job and meets certain eligibility requirements.

Unemployment

A scenario in which people who are able to work and are actively looking for a job cannot secure employment.

Minimum-Wage Laws

Laws establishing the minimum per-hour payment that employers are legally allowed to offer their employees.