Why Is Sociology Considered a Science? Provide One Example of a Sociological

question 51

Essay

Why is sociology considered a science? Provide one example of a sociological research question and how it is approached and studied scientifically.

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Definitions:

Variances

Statistical measures that represent the degree of spread or dispersion of a set of values around their mean, commonly used to quantify risk in finance.

Covariances

Indicators of how two or more variables are related and move together.

Capital Allocation Line

A graph line that shows the risk-return trade-off for efficient portfolios, indicating the rate of return for each unit of risk.

Risk-free Security

A financial instrument considered to have minimal risk of default, often equated with the debt of a solvent government or government-backed entity.