-What Is the Expected Value of the Outcomes?
A) $8,200

question 76

Multiple Choice

$\begin{array}{rcc}\text { OUTCONE}&\text { PROBABILITY OF OUTCONE}&\text { ASSUMIPTIONS }\\\$ 6,000 & 25 \% & \text { pessimistic } \\\$ 8,000 & 40 \% & \text { moderately successful } \\\$ 10,000 & 35 \% & \text { optimistic }\end{array}$
-What is the expected value of the outcomes?

• A) $8,200
• B) $6,400
• C) $8,500
• D) Cannot be determined until we know the actual outcome.

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Definitions:

Experimental Group

The group in an experiment that receives the treatment or intervention, allowing researchers to observe the effects.

Confound

A variable that influences both the dependent variable and independent variable, leading to a potential misinterpretation of the effects in a study.

Nature/Nurture Debate

The ongoing debate regarding the relative contributions of genetics and environment to individual traits and behaviors.

Institutional Review Board

A committee that reviews and approves research involving human subjects to ensure ethical standards are met.