To Minimize Experimenter Bias Effects,it Is Always Recommended That Whenever

question 60

Essay

To minimize experimenter bias effects,it is always recommended that whenever possible experimenters use the double-blind technique.Briefly describe a study that would benefit from use of the double-blind technique.

---

Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to assess price changes associated with the cost of living.

Compound Annual

A rate that calculates and expresses the cumulative effect of a series of gains or losses on an original amount of capital over a period of time, usually on an annual basis.

Real Rate of Return

The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects.

Portfolio

A portfolio represents a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.