Type II Errors Concern Psychologists Because

question 40

Multiple Choice

Type II errors concern psychologists because

• A)they could mean that good theories or useful practical procedures are not used.
• B)they could mean that experiments must be repeated to confirm positive results.
• C)rejecting the null hypothesis should only occur when the research hypothesis is true.
• D)future research might be based on results mistakenly declared significant.

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Definitions:

Income Effect

How an adjustment in income levels for individuals or the economy affects the demand for goods or services.

Engel Curve

A graphic representation showing how a consumer's demand for a good varies with income, keeping other factors constant.

Strictly Convex Preferences

Preferences where consumers always prefer mixtures of goods to extremes, demonstrating a consistent desire for variety.

Demand Curve

A graphical representation in economics that shows the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at varying price levels.