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Historically, there has been a strong link between the volume of automobile exports from Japan to the US and the yen/dollar exchange rate.
Confounding Variables
Factors other than the independent variable(s) that are unequal across groups.
Random Assignment
A method used in experiments to ensure that every participant has an equal chance of being assigned to any given group, thereby reducing bias.
Experimenter Bias
A phenomenon that occurs when a researcher’s preconceived notions or expectations in some way influence participants’ behavior and/or the researcher’s interpretation of experimental results.
Placebo Effect
A psychological phenomenon where a person experiences a perceived improvement in condition after receiving a treatment that has no therapeutic effect.
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