Graham Has Accepted an Offer to Do Graduate Work in the Chemistry

question 140

Multiple Choice

Graham has accepted an offer to do graduate work in the chemistry department at State University. The chemistry department offered Graham a $5,000 tuition reduction and $3,500 toward the cost of room and meals. Under the terms of the scholarship Graham must work in the chemistry labs during the summer as a research assistant. What amount must Graham include in his gross income?

• A)$8,500
• B)$5,000
• C)$3,500
• D)$2,500
• E)$0-none of these benefits are included in gross income.

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Definitions:

Survey Study

A research method involving the collection of data from a predetermined population or group by means of a questionnaire or interview.

Manipulates Factors

The adjustment or control of variables or conditions in a study or experiment to examine their effects on an outcome.

Research Method

A systematic approach to collecting data and performing scientific investigations to expand and refine knowledge in a particular field.

Random Sample

A subset of individuals chosen from a larger set, where each member has an equal chance of being selected to represent the whole.