1. Is the predictor significant? 2. What is the effect size for the study? 3. Based on your answer on the previous item, would you characterize the effect size as small, medium, or large?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A researcher investigated whether a father's level of optimism was predictive of his son's optimism as a young adult. Twenty (20) fathers and sons who agreed to participate in the study were administered a scale measuring their current level of optimism (the scale ranged from 10 to 50), with higher scores indicating greater optimism.
1. Is the predictor significant?
2. What is the effect size for the study?
3. Based on your answer on the
previous item, would you characterize
the effect size as small, medium, or
large?
Transcribed Image Text:1. Is the predictor significant? 2. What is the effect size for the study? 3. Based on your answer on the previous item, would you characterize the effect size as small, medium, or large?
Participant
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Father
25
18
45
39
38
18
16
22
34
22
46
26
16
29
46
25
23
31
28
22
Son
44
49
15
15
20
35
48
39
49
38
35
28
19
45
31
45
46
47
39
44
Transcribed Image Text:Participant 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Father 25 18 45 39 38 18 16 22 34 22 46 26 16 29 46 25 23 31 28 22 Son 44 49 15 15 20 35 48 39 49 38 35 28 19 45 31 45 46 47 39 44
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