Studies Indicate That Training in Statistics

question 48

Multiple Choice

Studies indicate that training in statistics:

• A) has little impact on how participants make judgments outside of the statistics class
• B) improves participants' understanding of statistical principles but does not teach them how to apply the principles to actual cases
• C) helps participants make more accurate judgments, but only if the participants were explicitly encouraged to apply their statistical knowledge
• D) improves participants' performance in a variety of judgment problems

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Definitions:

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower number of unobserved variables, called factors.

Gender Differences

Refers to the distinctions in characteristics, behaviours, physical or psychological traits typically associated with males and females.

Statistical Tool

Software or methods used for the analysis, interpretation, and visualization of statistical data.

Causality

The relationship between cause and effect where one variable causes the change in another.