If One Did a Series of a Priori Pairwise T

question 218

True/False

If one did a series of a priori pairwise t tests on k > 2 groups and analyzed the results using the t distribution, there would be a substantially lower risk of making a Type II error than if one used HSD or Scheffé tests.

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Definitions:

Behavioral Economics

is a field of economics that studies how psychological, emotional, cultural, and social factors affect economic decisions of individuals and institutions.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Standardization

The process of implementing and developing technical standards based on the consensus of different parties including firms, users, interest groups, standards organizations, and governments.

Cost Economies

Refers to the reduction in average cost of production as a firm increases its size or volume of output, typically achieved through operational efficiencies.