Describe How a Randomized Experiment Meets the Four Conditions for Making

question 13

Essay

Describe how a randomized experiment meets the four conditions for making causal statements.

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Definitions:

Present

Present refers to the current moment or the actual time in which an event occurs or a condition exists.

Future

The time or a period of time following the present moment, often considered as yet to come.

Decisions

The process of making choices or conclusions based on available information or reasoning.

Temporal Discounting

The tendency to value immediate rewards more highly than future rewards.