Scientists Are Trained to Carefully Observe and Record Any Research

question 30

Multiple Choice

Scientists are trained to carefully observe and record any research outcomes that are inconsistent with their hypotheses. This practice most directly serves to reduce

• A)the framing effect.
• B)factor analysis.
• C)confirmation bias.
• D)algorithms.

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Definitions:

Income

The financial gain received by an individual or entity, typically measured over a certain period, resulting from labor, investments, or other sources.

Prices

The amount of money required to purchase a good, service, or asset, often determined by factors such as supply and demand, production costs, and market competition.

Utility Function

A mathematical representation in economics that captures the satisfaction or utility a consumer derives from consuming goods or services.

Butter

A dairy product made from churning cream or milk, containing a high percentage of fat and used as a spread or in cooking.