The Most Important Factor to Ensure That One's Results Apply

question 124

Multiple Choice

The most important factor to ensure that one's results apply to other people in other settings is to use

• A)very large sample sizes.
• B)very small sample sizes.
• C)random assignment.
• D)random selection.

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Definitions:

Monopolist

An individual or entity that holds exclusive control over the supply of a particular good or service, potentially manipulating market conditions.

Consuming Units

Entities, typically individuals or households, that use goods and services for personal needs or wants.

Households

The consuming units in an economy.

Factors Of Production

The inputs used in the creation of goods or services; traditionally includes land, labor, capital, and entrepreneurship.