When There Is No Objective Standard, We Often Turn to Others

question 347

Multiple Choice

When there is no objective standard, we often turn to others in an effort to evaluate our actions, feelings, or abilities. This is known as

• A)social exchange.
• B)social comparison.
• C)cognitive dissonance.
• D)compliance.

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Definitions:

PHStat

An Excel add-in program that enhances the analytical capabilities of Excel, making it easier to perform statistical analysis.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values; higher values indicate greater variability.

Index Funds

Index funds are a type of mutual fund or ETF with a portfolio constructed to match or track the components of a financial market index, such as the S&P 500.

PHStat

A software add-in for Microsoft Excel that enhances the statistical functions of Excel, commonly used for statistical analysis and education.