If a Cohen's D Effect Size Exceeds

question 11

True/False

If a Cohen's d effect size exceeds .6, the finding is statistically significant.

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Definitions:

Goods And Services

The outputs offered in an economy for consumption, where goods are physical items and services are activities performed for others.

Socially Optimal

A condition or point at which the societal welfare is maximized, considering both efficiency and equity.

Marginal Social Cost

The total cost to society of producing an additional unit of a good, including both private costs and any externalities.

Marginal Social Benefit

The added value to the general population from the manufacture or use of one more unit of a good or service.