The Chief Function of the Control Group in an Experiment

question 292

Multiple Choice

The chief function of the control group in an experiment is that it

• A)allows mathematical relationships to be established.
• B)provides a point of reference against which the behavior of the experimental group can be compared.
• C)balances the experiment to eliminate all extraneous variables.
• D)establishes causation.

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Definitions:

Midpoint Method

A technique used in economics to measure the elasticity of a variable without the influence of the starting and ending points.

Price Elasticity

A measure of how sensitive the quantity demanded of a good is to a change in its price.

Quantity Demanded

The overall volume of a good or service buyers are prepared and capable of acquiring at a designated price during a specified period.

Time Horizon

The length of time over which an investment or a project is intended or expected to occur.