Random Assignment Is Important in Experiments Because

question 268

Multiple Choice

Random assignment is important in experiments because

• A)it eliminates experimenter expectancy effects
• B)it insures that the samples are representative of the population
• C)it holds differences among participants constant
• D)it balances differences among participants across conditions of the experiment

Recognize the importance of information in market competition.

Explain how business objectives may vary between profit maximization and alternative goals.

Understand the implications of market structure on consumer welfare and market efficiency.

Analyze the impact of external factors, such as taxes and changes in market price, on firm behavior.

---

Definitions:

Chinese Descent

Refers to individuals whose ancestors originated from China, possessing cultural, genetic, or national ties to the country.

European Descent

Referring to people whose ancestral origins are found in Europe.

Ambiguous Faces

Visual stimuli that can be interpreted in more than one way and are often used in psychological experiments to study perception and emotion.

Outgroup Homogeneity

The perception that members of an outgroup are more similar to each other than they actually are, as compared to the ingroup's diversity.