A Variable That Is Irrelevant to the Hypothesis Being Tested

question 120

Multiple Choice

A variable that is irrelevant to the hypothesis being tested and can alter a researcher's conclusions is called a(n) ____.

• A)confounding variable
• B)independent variable
• C)dependent variable
• D)third variable

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Definitions:

Burden of a Tax

The economic impact of a tax on the welfare of buyers and sellers, which can affect market behavior and economic efficiency.

Perfectly Elastic

A situation in economics where the quantity demanded or supplied changes by an infinite amount in response to any change in price.

Perfectly Inelastic

A market scenario where a change in price does not affect the quantity demanded or supplied, often represented with a vertical demand or supply curve.

Demand Curve

An illustrated chart that represents how the price of a good or service affects its demand within a certain period.