The Difference Between a Theory and a Hypothesis Is

question 56

Multiple Choice

The difference between a theory and a hypothesis is:

• A) theories organize observed events into a potential explanation which then suggests testable hypotheses
• B) hypotheses organize observed events into a potential explanation which then suggests testable theories
• C) both are "best guesses," but theories are more valid, because they can explain more elements of behavior
• D) unimportant, because the terms may be used interchangeably.

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Definitions:

Manufacturing Overhead

All manufacturing costs that are not directly attributable to the finished product, including indirect labor, materials, and other expenses.

Estimated Total

An approximation of the sum or magnitude of a particular set of values or items, projected from sample data or generated through analysis.

Unit Product Cost

The total cost (both variable and fixed) associated with producing one unit of a product.

Total Job Cost

The sum of all costs assigned to a specific job, including materials, labor, and overhead.