What Did Stanley Milgram's Teacher-Learner Experiment Demonstrate

question 43

Multiple Choice

What did Stanley Milgram's teacher-learner experiment demonstrate?

• A) A substantial number of people will inflict pain on others if ordered to do so by a person in a position of authority.
• B) Most people conform to social norms, even when told to deviate from them by persons in authority.
• C) Group conformity is the most important social relationship people seek to achieve.
• D) Individualism is among the most cherished personal qualities one can possess.

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Definitions:

Efficient Markets Hypothesis

A theory that asserts that financial markets are "informationally efficient", meaning that prices of securities fully reflect all available information at any point in time.

EMH

Efficient Market Hypothesis, a theory that suggests all available information is already reflected in stock prices, hence making it difficult to achieve consistently higher returns.

Geometric Average

The geometric average is a method of calculating the mean that mitigates the impact of extreme values in a data set, commonly used in calculating investment returns.

Historical Record

Documentation or an account of past events, actions, or operations, serving as evidence or information about previous occurrences.