Internal Validity Is Concerned with Which of the Following

question 52

Multiple Choice

Internal validity is concerned with which of the following?

• A)the representativeness of the sample test units
• B)the extent that the observed relationship between the independent variable and the dependent variable is generalizable to the real world
• C)the measurement of extraneous variables that are internal to the experimental setting itself
• D)the extent to which the change in the dependent variable was actually due to the independent variable
• E)the control of the complex variables not having an effect on the independent variable

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Definitions:

Total Revenue

The overall amount of money generated by a business from selling its goods or services before any costs are subtracted.

Elastic Than Industry

A condition or scenario where a particular firm or product has a higher sensitivity to price changes compared to the overall industry.

Monopolist

A single seller in a market, possessing significant market power, and facing little to no competition in offering a unique product or service.

Elastic Segment

A section of the demand curve where consumers are highly responsive to changes in price, indicating elasticity of demand.