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Figure 11.12 Chicken pox vaccinations for toddlers benefit society by protecting young children and by preventing an epidemic of the disease. Thus, the social benefits of chicken pox vaccinations exceed the private benefit for any quantity of vaccinations as illustrated in Figure 11.12.
-Refer to Figure 11.12.What is the value of the net gain to society as a result of subsidising chicken pox vaccinations?
Respondents
Individuals who provide data or answers in a survey, study, or experiment.
Degrees of Freedom
The number of independent values or quantities that can vary in the analysis without violating any constraints.
F-ratio
A statistic used in ANOVA tests to compare the variability between group means to the variability within groups.
Participants
Individuals who take part in a study or experiment, providing data for analysis.
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