The Major Limitation of Correlational Studies Is That

question 30

Multiple Choice

The major limitation of correlational studies is that

• A) the findings do not provide information about how people behave outside the laboratory.
• B) the findings do not reveal relationships between participants' characteristics and their behavior.
• C) researchers cannot make inferences about cause and effect.
• D) the results cannot be generalized to other people and settings.

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Definitions:

Break-even Point

The financial state in which total revenues equal total expenses, and there is no profit or loss.

Variable Cost

Costs that vary directly with the level of production or the volume of services provided.

Fixed Expense

Costs that remain unchanged over a specified period despite variations in business activity levels, such as lease payments or salaries for permanent staff.

Break-even

The point at which total costs and total revenues are equal, meaning no profit or loss is incurred.