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A school psychologist is using a depression inventory—on which a score of 0 indicates no depression and a score of 10 indicates severe depression—to see if the level of depression in fourth graders in a particular class of 20 students differs from that of fourth graders in general at a school. The results of previous testing indicate that fourth graders at the school usually have a score of 5 on the scale, but the variation is unknown. The current sample of 20 fifth graders has a mean depression score of 4.4.
-If the psychologist figures S = .85,the effect size (d) is
Fractional Reserve Banking
A system in which depository institutions held reserves that are less than the amount of total deposits.
Actual Reserves
The amount of funds that a bank has on hand and in reserve accounts, which can be used to meet any withdrawal or payment demands.
Vault Cash
The physical currency a bank holds in its vault as part of its required reserves or for daily operations.
Monetary Policy
Central bank policies aimed at influencing economic activities through controlling interest rates and supply of money.
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