'Rigor' Related to Scientific Investigation Refers Amongst Others To

question 20

Multiple Choice

'Rigor' related to scientific investigation refers amongst others to:

• A)The probability that our estimations are correct.
• B)The idea that a simple model that explains a certain phenomenon has preference over a complex model.
• C)The fact that findings are generalizable.
• D)The fact that an investigation has a clear theoretical foundation.

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Definitions:

Payback

A capital budgeting method that calculates the length of time required to recoup the original investment.

IRR

A financial metric, the Internal Rate of Return evaluates the potential profitability of investments.

NPV

A financial analysis method that calculates the difference between the present value of cash inflows and outflows over a period of time, used to assess the worth of investments or projects.

Mutually Exclusive

Events or projects that cannot both occur at the same time, where the selection of one excludes the possibility of the other.