Which of the Following Would Be an Example of Selection

question 19

Multiple Choice

Which of the following would be an example of selection bias?

• A) volunteers
• B) random assignment to experimental and control groups
• C) matching on experimental and comparison groups
• D) making sure that the quotas are the same for the experimental and comparison groups with respect to important variables

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Definitions:

Monopolists

Entities with exclusive control over the supply of a particular good or service, setting prices and output levels.

Output Effect

The change in total output caused by a new price level, in the context of supply and demand.

Total Revenue

Total revenue is the full amount of money received by a company for its goods or services before any expenses are subtracted.

Average Revenue

Total revenue divided by the quantity sold