The Number of Finance Majors Within the School of Business

question 41

Multiple Choice

The number of finance majors within the School of Business is an example of _______.

• A)a discrete random variable
• B)a continuous random variable
• C)the Poisson distribution
• D)the normal distribution
• E)a constant

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Definitions:

Double-blind Test

An experimental procedure in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias in research results.

Single-blind Test

An experimental setup where the participants do not know which group (control or experimental) they belong to, but the researchers do.

Observational Study

A study in which a researcher carefully and systematically observes and records behavior without interfering with the behavior; it may involve either naturalistic or laboratory observation.

Exploratory

Research designed to investigate an area or phenomenon that is not well understood, often used to generate hypotheses for further study.