Phi Kappa Is Planning to Hold a Seminar for Students $$\text { OPTION 1: Fixed rental cast of } \$ 1,000 \text { and } \$ 12 \text { per person for baoks }$$

question 78

Multiple Choice

Phi Kappa is planning to hold a seminar for students at the University Centre.It has two options: $$\text { OPTION 1: Fixed rental cast of } \$ 1,000 \text { and } \$ 12 \text { per person for baoks }$$ or
$\text { OPTION 2: Fixed rental cost of } \$ 3,000 \text { and } \$ 8 \text { per person for books }$
Tickets will be $5 per student.Other items will be donated by recruiters wishing to network with students.Which option will cause the biggest loss if very few students attend?

• A)Option 1
• B)Option 2
• C)Both options provide the same amount of risk.
• D)Neither option has risks.

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Definitions:

Laud Humphreys

An American sociologist known for his research into sexual behavior and for his controversial study of anonymous male homosexual acts in public places.

Ethical

Pertaining to or dealing with morals or the principles of morality; concerning right and wrong behavior.

Independent Variable

In research, a variable that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Control

In sociology, control refers to the mechanisms, strategies or institutions that regulate individuals' behavior within a society to maintain order and enforce norms.