Instruction 11-3
as Part of an Evaluation Program, a Sporting

question 72

Multiple Choice

Instruction 11-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of four brands of bicycles. She recorded three trials of each brand and determined their maximum downhill speeds. The results are presented in kilometres per hour in the table below.
$$\begin{array} { | l | l | l | l | l | } \hline \text { Trial } & \text { Barth } & \text { Tornado } & \text { Reiser } & \text { Shaw } \\\hline 1 & 43 & 37 & 41 & 43 \\\hline 2 & 46 & 38 & 45 & 45 \\\hline 3 & 43 & 39 & 42 & 46 \\\hline\end{array}$$
-Referring to Instruction 11-3,what should be the decision for the Levene's test for homogeneity of variances at a 5% level of significance?

• A) Do not reject the null hypothesis because the p-value is larger than the level of significance.
• B) Do not reject the null hypothesis because the p-value is smaller than the level of significance.
• C) Reject the null hypothesis because the p-value is smaller than the level of significance.
• D) Reject the null hypothesis because the p-value is larger than the level of significance.

Identify various methodologies and their suitability for specific types of developmental questions.

Understand the role of anthropologists and sociocultural theorists in the study of child development.

Grasp the concept of developmental change and factors influencing these changes.

Understand the significance of individual differences and stability over time in development.

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Definitions:

New Entrants

Businesses or individuals that recently entered a market or industry, bringing new competition and potentially disrupting existing dynamics.

Economic Profits

The financial gain obtained after subtracting both explicit and implicit costs from total revenues.

Perfectly Competitive Industry

An industry in which no single producer can influence the market price of the product because the conditions of perfect competition are met.

Economic Resources

Assets or inputs that contribute to the production of economic goods, including land, labor, capital, and entrepreneurship.