Researchers Who Want to Find the Best Explanation of a Phenomenon

question 77

Multiple Choice

Researchers who want to find the best explanation of a phenomenon when they have several rival hypotheses should ____.

• A) describe the correlation among the variables involved
• B) conduct controlled research using experimental methods
• C) conduct research in the real world instead of in a laboratory
• D) continue observing the phenomenon of interest until the best explanation becomes clear

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Definitions:

Discounted Payback

A capital budgeting method that calculates the time needed to recoup the initial investment in present value terms.

Compute

The process of using mathematical and logical operations to perform tasks and solve problems by a computer.

Average Accounting Return

The average accounting return is a financial ratio that represents the average annual accounting profit compared to the initial investment.

IRR

Internal Rate of Return, a financial metric used to estimate the profitability of potential investments by finding the interest rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.