Warren Randomly Assigned 60 Participants to Describe a Positive Childhood

question 72

Multiple Choice

Warren randomly assigned 60 participants to describe a positive childhood memory, a negative childhood memory, or a neutral childhood memory and then complete a mood questionnaire. Warrens wants to compare the "neutral condition" with the other two conditions. Which statistic is appropriate to use?

• A) a one-way ANOVA
• B) independent samples t-test
• C) planned contrast
• D) post-hoc tests

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Definitions:

Behavioral Economics

A field of economics that analyzes how psychological, cognitive, emotional, cultural, and social factors affect economic decisions.

Nudge

A concept in behavioral economics suggesting a way to influence people's behavior and decision making subtly without limiting their choices.

Hedonic Treadmill

A theory suggesting that people continually seek higher levels of wealth, status, or possessions but do not achieve lasting increases in happiness.

Prospect Theory

A theory in behavioral economics that explores how individuals make decisions between options involving risk with uncertain outcome probabilities.