Although a Research Study Is Typically Conducted with a Relatively

question 41

Multiple Choice

Although a research study is typically conducted with a relatively small group of participants known as a ____,most researchers hope to generalize their results to a much larger group known as a ____.​

• A)​sample; population
• B)​statistic; sample
• C)​population; sample
• D)​parameter; population

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Definitions:

Contract Curve

In economics, it refers to the locus of optimal points of allocation of resources between two parties under the constraints of their respective utility functions.

Pareto Optimal

A state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.

Initial Endowment

The initial quantity of goods, services, assets, or resources that an individual, institution, or economy possesses.

Pareto Optimal

A situation where resources are distributed in such a manner that it's not feasible to rearrange them to benefit someone without adversely affecting at least another individual or preference standard.