If Researchers Find a Positive Correlation Between Cowardice and Nosebleeds

question 52

Multiple Choice

If researchers find a positive correlation between cowardice and nosebleeds, it most likely means that:

• A) cowardice is a cause of nosebleeds.
• B) nosebleeds are a cause of cowardice.
• C) that a third variable-a genetic, hormonal factor-causes both cowardice and nosebleeds.
• D) any, all, or none of these answer choices.

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Definitions:

Opportunity Cost

The value of the best alternative that is forgone when a choice is made between several mutually exclusive alternatives.

Bowed Outward

Describes a curve (such as in production possibilities frontier) that shows increasing opportunity costs for producing two goods.

Capital

Assets with monetary value, including cash and commodities, which are utilized to produce income or accumulate wealth.

Opportunity Costs

The financial loss associated with rejecting the next most favorable option during decision-making.