In the Preview section for this chapter, we presented an example of a delayed discounting study in which people are willing to settle for a smaller reward today in exchange for a larger reward in the...

In the Preview section for this chapter, we presented an example of a delayed discounting study in which people are willing to settle for a smaller reward today in exchange for a larger reward in the future. The following data represent the typical results from one of these studies. The participants are asked how much they would take today instead of waiting for a specific delay period to receive $1000. Each participant responds to all 5 of the delay periods. Use a repeated-measures ANOVA with  to determine whether there are significant differences among the 5 delay periods for the following data: