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From MyPsychLab WATCH: "Eyewitness Testimony"
(To access this asset go to MyPsychLab and click on "Course Documents." Under the heading "Index of Multimedia," click on the "here" link.Select Chapter 12,Social Psychology: A Guide to Dealing with Adversity and Achieving a Happy Life,and click on "Find Now." For the Chapter 12 items,click on the "Watch" item called "Eyewitness Testimony.")
From the video,what was the independent variable used (and describe the two conditions),and what was the basic idea behind the study? What was the dependent variable? Describe the approximate mean difference between the two observer groups.What basic conclusion can you draw from this experiment? What caused 25 percent of people to make up a bus?
Securities and Exchange Commission
A U.S. federal agency responsible for enforcing federal securities laws, regulating the securities industry, and overseeing the nation’s stock and options exchanges.
Accounting Principles
Guidelines and rules that govern the accounting and financial reporting practices of businesses, ensuring consistency, reliability, and comparability of financial statements.
Conservatism
An accounting principle that advises caution, directing accountants to choose methods and estimates that are least likely to overstate assets and income.
Fair Value Accounting
An accounting approach that measures and reports assets and liabilities at their estimated market prices.
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