Differences in Time Preferences Depend on

question 38

Multiple Choice

Differences in time preferences depend on

• A)uncertainty regarding the future.
• B)social preference.
• C)differences in the relative size of expected future incomes.
• D)the time.

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Definitions:

T Value

In statistical hypothesis testing, a value used in T-tests that compares the observed difference between two means relative to the spread or variability of their scores.

Test Statistic

A value calculated from sample data used to determine whether to reject the null hypothesis.

T Value

A value computed from sample data used in a t-test to compare the means of two groups or samples, indicating the difference relative to the variation in the data.

Effect Size

A quantitative measure of the magnitude of a phenomenon or difference between groups in a statistical analysis.