Solve
-During a Five-Year Period, a Company Doubles Its Profits $\$$

question 198

Multiple Choice

Solve.
-During a five-year period, a company doubles its profits each year. If the profits at the end of the fifth year are $\$$ 192,000 , then what are the profits for each of the first four years?

• A) \(\$ 13,000 , \$ 26,000 , \$ 52,000 , \$ 102,000\)
• B) \(\$ 12,000 , \$ 24,000 , \$ 36,000 , \$ 48,000\)
• C) \(\$ 12,000 , \$ 24,000 , \$ 48,000 , \$ 96,000\)
• D) \(\$ 12,000 , \$ 24,000 , \$ 48,000 , \$ 120,000\)

Recognize the characteristics of a good theory in psychology.

Understand the difference between theories and hypotheses in research.

Grasp the importance of operational definitions in making abstract concepts measurable.

Identify common biases in research and strategies to minimize them.