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Hypothesis Testing – ANOVAs

Discuss the problem of compounding Type I error and explain how the ANOVA addresses this problem. B. Factor is another word for independent variable or manipulation. A factorial design then has ​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​multiple factors or manipulations. What are factor levels? C. Provide an example of a factorial design (don’t use an example from the book or from the assignment; try to create an example from your area of research). E. What are some advantages of a factorial design (hint: you can see it in the above graph)​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​?

Sample Solution

ics has never been a Science - and it is even less now than a couple of years prior.' Paul Samuelson depicts how financial experts like to allude to their hypothetical models - those which have insignificant connection to this present reality, for they can't think about the silly human conduct on state or macroeconomic undertakings. Rethinking a variety of fields in exceptional ways is basically the way in which Artificial Intelligence has caused upon a few enterprises, just by utilizing a bunch of strategies to dissect information to come to additional very much educated derivations and conclusions about our reality. To connect two differentiating universes - Economics and Artificial Intelligence - would maybe balance a contention that Economists taking care of monetary issues would have an ostensibly sensational commotion since Adam's Smith beginning of Economics, helping mankind in tackling a scope of issues. As both created and non-industrial nations anticipate moving towards a full grown economy, there will be a few developing worldwide issues that financial experts need to tackle inside the following 20 years. While it is certain that Economists should assist with tackling a few developing worldwide issues inside the following 20 years with economies moving towards security, it is, in any case, sketchy and more right to consider on whether Artificial Intelligence will be the vessel for our economy to be more adequate and supportive by and by. Taking into account the quick development in the worldwide populace, there has been an expansion in promotion for the environment emergency and the restrictions brought about by over-double-dealing of assets in our roundabout economy. Every one of these are, incontestably, the repercussion of the past modern exp
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