How Would You Interpret a Finding from an Experiment in Which

question 10

Essay

How would you interpret a finding from an experiment in which a costly and time-consuming intervention to reduce school dropout had a statistically significant outcome with a Cohen's d effect size of .20? What if the effect size were .80, but the outcome were not statistically significant due to a low sample size?

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Definitions:

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on converting materials and labor into goods and services as effectively as possible.

Inputs

The resources—such as labor, money, materials, and energy—that are converted into outputs.

Transforming Resources

The assets, materials, and inputs used by a company to create products or deliver services efficiently.