To Infer Causality, Three Conditions Must Be Met

question 60

Multiple Choice

To infer causality, three conditions must be met. One of them is that:

• A) X and Y occur at the same time.
• B) X is not related to Y.
• C) Confounding variables can be ruled out as causes.
• D) Manipulating one variable does not influence another variable.

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Definitions:

Straight-Line Depreciation

A method of calculating the depreciation of an asset, which assumes the asset will lose an equal amount of value each year over its useful life.

Residual Value

The estimated value that an asset will realize upon its disposal at the end of its useful life, after depreciation.

Estimated Life

Estimated life is the expected duration or lifespan of an asset, often used in calculating depreciation.

Units Produced

The total number of product units manufactured during a specific period.