Beth Has Designed a Study to Examine Whether a New

question 23

Multiple Choice

Beth has designed a study to examine whether a new method of learning historical facts will improve the ability of sixth-grade students to recall such facts. The assumption there will be no difference in the recall ability of a group of sixth graders who use the new method, and those who do not, is the

• A) alternative hypothesis.
• B) null hypothesis.
• C) inferential hypothesis.
• D) research hypothesis.

---

Definitions:

Residual Reward

The reward or profit remaining after all the costs have been deducted.

Business Decision Makers

Individuals or groups within an organization responsible for analyzing situations and making choices that affect the organization's direction and success.

Resources

Assets, materials, and inputs needed for the production of goods and services, including human resources, natural resources, and capital resources.

Price-Taker Firm

A price-taker firm is a business that accepts the market price set by the forces of supply and demand, lacking sufficient power to influence the price on its own.