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A researcher is testing the effectiveness of a new herbal supplement that claims to improve physical fitness.A sample of n = 16 college students is obtained and each student takes the supplement daily for six weeks.At the end of the 6-week period,each student is given a standardized fitness test and the average score for the sample is M = 39.For the general population of college students,the distribution of test scores is normal with a mean of µ = 35 and a standard deviation of σ = 12.Do students taking the supplement have significantly better fitness scores? Use a one-tailed test with α = .05.
Dictator Game
An experimental game in economics that tests individuals' behavior towards altruism and fairness, where one player (the "dictator") decides how to split an endowment between themselves and another player.
Market Transactions
The processes involved in buying or selling goods and services in a market between buyers and sellers.
Ultimatum Game
A game in experimental economics in which two players decide on how to divide a sum of money; one player proposes a division, and the other can accept or reject it.
Dictator Game
An experimental game in economics where one player (the "dictator") determines how to split an endowment between themselves and another player.
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