Observations on Jensen's Experimental Design for Study Effects of Accounting Variations in Decision Making.

The article discusses the effects of accounting variations on decision making and the paper "An Experimental Design for Study of Effects of Accounting Variations in Decision Making" by R.E. Jensen. The statistical methodology and design used by Jensen in his research of the effects of alternative accounting reporting techniques in the selection of portfolios and their security evaluation is examined as is the data collection. The limitation of whether or not there was adequate control over the research environment and the probability level of the statistical tests is not known in Jensen's paper because he does not mention these issues.