If a Repeated-Measures Study Shows a Significant Difference Between Two

question 31

Multiple Choice

If a repeated-measures study shows a significant difference between two treatments with α = .01,then what can you conclude about measures of effect size?

• A)The value of Cohen's d is large.
• B)The percentage of variance explained (r²)is large.
• C)Both Cohen's d and r² are large.
• D)A significant effect does not necessarily mean that the effect size will be large.

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Definitions:

Moral Hazard

The situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will bear the cost.

Financial Crisis

A situation where financial assets suddenly lose a significant part of their nominal value, often leading to market crashes and economic downturns.

Too Big to Fail

A concept that some financial institutions are so large and interconnected that their failure could lead to a catastrophic effect on the broader economy, necessitating government intervention.

Asymmetric Information

A situation in which one party in a transaction has more or significantly better information than the other.