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Cindy Ho, VP of Finance at Discrete Components, Inc. (DCI) , theorizes that the discount level offered to credit customers affects the average collection period on credit sales. Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) by randomly assigning five customers to each sales discount rate. An analysis of Cindy's data produced the following ANOVA table: Using = 0.01, the critical F value is ___.
Milgram Experiment
A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority figures, where participants thought they were administering electric shocks to another person.
Confederate
In psychological experiments, a confederate is an individual who seems to be a participant but is actually in on the experiment, helping the researcher manipulate the situation or observe participants' behaviors.
Obedience Levels
Measures or degrees to which individuals comply with commands, rules, or directives from authority figures.
Milgram Experiment
A collection of experiments in social psychology carried out by Stanley Milgram, aimed at assessing how likely it is for individuals participating in the study to follow commands from an authority figure that go against their own moral judgment.
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