One Factor in Correlational Research That Contributes to High External

question 98

Multiple Choice

One factor in correlational research that contributes to high external validity is:

• A) inclusion of the full population.
• B) a focus on causation.
• C) application of statistical analyses.
• D) oversight by multiple researchers.

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Definitions:

Fixed Cost

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Economic Profit

The difference between the total revenue earned by a business and the total costs (both explicit and implicit) of all resources used.

Market Price

The current market value at which transactions for a service or asset are conducted.

Units

Basic measures or quantities considered as a standard in terms of which other quantities can be expressed.