With an Independent-Sample T-Test, We Identify That Women Have Significantly

question 11

Multiple Choice

With an independent-sample t-test, we identify that women have significantly higher job satisfaction than men. If we were to apply this to conclude that Employee A (who is female) has higher job satisfaction than Employee B (who is male) , we have ______.

• A) made a correct decision
• B) committed an ecological fallacy
• C) committed a Type I error
• D) committed a Type II error

---

Definitions:

Marginal Decision Rule

A principle stating that an action should be taken if, and only if, the marginal benefit of the action exceeds its marginal cost.

Marginal Revenue

The extra revenue gained from the sale of an additional unit of a product or service.

Perfect Competition

A market structure characterized by many buyers and sellers, freedom of entry and exit, and a homogeneous product.

Perfectly Elastic

A situation in economic theory where the quantity demanded or supplied of a good changes infinitely in response to any change in price.