Statistical Determinism Refers to Which of the Following

question 30

Multiple Choice

Statistical determinism refers to which of the following?

• A) the idea that statistical findings are most conclusive
• B) the perspective that researchers can predict the likelihood of specific actions
• C) deciding the correct statistical test for studies of self-actualization
• D) people are not really free to make choices because they do not know the most likely causes of their choice.

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Definitions:

Effective Interest Rate

The realized return on a bond or loan, taking into account the effect of compounding interest as opposed to the nominal rate.

Amortization

The process of spreading out a loan or intangible asset cost over its useful life, thereby reducing it on the balance sheet over time.

Journal Entry

A recording of a transaction or adjustment in the accounting ledger that includes the accounts and amounts to be debited and credited.

Bonds Payable

Long-term debt securities issued by corporations or governments, promising to pay the holder a specified amount of interest and to repay the principal at maturity.