Which of the Following Statements Best Summarizes the Essence of Public

question 52

Multiple Choice

Which of the following statements best summarizes the essence of public choice analysis?

• A)​Public choice analysis applies economic principles to political science issues.
• B)​Public choice analysis applies political science principles to traditionally economic issues.
• C)​Public choice analysis assumes that government leaders are primarily motivated by what is best for the community, unlike private interest groups.
• D)​none of the above

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Definitions:

Interaction Effect

A phenomenon in statistical analysis where the effect of two or more variables on an outcome is not simply additive, indicating that variables interact in predicting the response.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to a system without violating any constraints.

F Statistic

A ratio of variance estimates used in statistical analysis to test the significance of multiple group means.

Main Effect

Refers to the direct impact of an independent variable on a dependent variable in a statistical model.