What Is the Most Effective Way to Minimize the Differences

question 10

Multiple Choice

What is the most effective way to minimize the differences between two groups of participants if you have already identified their important characteristics that could influence the dependent measure?

• A) Match the groups along the important characteristics.
• B) Randomize the assignment of participants to the two groups.
• C) Randomize the order of levels along the independent variable(s).
• D) Use a mixed design.

---

Definitions:

Process Cost Accounting

An accounting method used to assign production costs to products based on processes or departments, useful in mass production environments.

Materials Account

An account used in bookkeeping to track costs of raw materials during an accounting period.

FIFO Method

The FIFO (First-In, First-Out) method is an inventory valuation strategy where the oldest inventory items are sold or used first.

Weighted Average Method

The weighted average method is an inventory costing approach that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale during the period.