If Two Groups Are Expected to Differ Only by Chance

question 53

Multiple Choice

If two groups are expected to differ only by chance before the independent variable is given, then the groups are considered to be.

• A)separate but equal
• B)identical
• C)equivalent
• D)matched

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Definitions:

Price Flexibility

The ease with which prices can adjust in response to changes in supply and demand in the market.

Say's Law

A principle that asserts that supply creates its own demand, meaning production of goods will naturally lead to their consumption.

Income

Funds acquired frequently, either from performing work or via investment profits.

Production

The method of producing goods and services by mixing labor, materials, and technology.