Which of the Following Best Describes a Double-Blind Study

question 5

Multiple Choice

Which of the following best describes a double-blind study?

• A) neither participants nor researchers know who is receiving placebo or receiving the treatment
• B) 50% of participants receive a placebo and 50% receive treatment but no individual knows what they are receiving
• C) participants are told what condition they are receiving but researchers are not told so that they analysis of results cannot be skewed
• D) 25% of participants receive the treatment while 75% receive the placebo after being matched for randomization in small groups

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Definitions:

Rising Prices

A situation where the general level of prices for goods and services in an economy increases over a period of time.

LIFO Reserve

The difference between inventory reported using the Last-In, First-Out (LIFO) method and its value if the First-In, First-Out (FIFO) method were used, indicating the impact of inflation on inventory costs.

Internal Reporting

The process of preparing and presenting financial and operational information to management and other internal stakeholders to assist in decision-making and performance evaluation.

GAAP Reporting

The standard framework of guidelines for financial accounting that includes the details, complexities, and legalities of business and corporate accounting. GAAP stands for Generally Accepted Accounting Principles.