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Historically, There Has Been a Strong Link Between the Volume

question 19

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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.


Definitions:

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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