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question 66

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Use the following to answer questions:
-white man's burden

Explain how opportunity costs and resource scarcity shape actions within rational choice theory.
Identify the differences between various social theories, including rational choice theory, exchange theory, and network theory.
Describe George Homans' propositions related to rational choice and exchange theories.
Apply the principles of rational choice theory to describe motivations and behaviors of actors.

Definitions:

Regression Equation

An equation employed to forecast a dependent variable by using one or more independent variables.

Y-Intercept

The location on a graph where a line intersects with the Y-axis.

Null Hypothesis

A hypothesis in statistical analysis that proposes no significant difference or effect, used as a starting point for hypothesis testing.

Household Income

The combined gross income of all members of a household who are 15 years old and older, whether they are related or not.

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