Which Method Is the BEST Way to Divide Participants into Groups

question 100

Multiple Choice

Which method is the BEST way to divide participants into groups for an experiment?

• A)dividing participants by hair colour
• B)allowing participants to choose which group to join
• C)dividing participants by where their names fall on an alphabetic list
• D)flipping a coin for each participant

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Definitions:

Laspeyres Price Index

a measure of the change in the cost of purchasing a fixed basket of goods and services, relative to the cost of the same basket in a base period.

Demand Function

A mathematical expression showing the relationship between the quantity demanded of a good and its price, along with other determinants like income and prices of related goods.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another.

Income

The money received by an individual or entity, typically measured over a certain period, for labor, services, or through investments.