Printed Money Has Little or No Value of Its Own

question 202

Multiple Choice

Printed money has little or no value of its own, but you can exchange it for food, water, lodging, and other necessities. Thus, money would be considered a type of __________ reinforcer.

• A)token
• B)unconditional
• C)higher-order
• D)negative transfer

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Definitions:

Expected Value

The long-run average value of repetitions of the experiment it represents, in probability and statistics.

Error

The difference between a measured or calculated value and its true value; often used in statistics and scientific experiments.

Confidence Interval Estimate

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.

Prediction Interval

An estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed.