Explain the Role of Randomization in Classical Experiments

question 44

Essay

Explain the role of randomization in classical experiments.

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Definitions:

Preferred Shareholders

Holders of preferred shares who may have a right to vote arising if dividends are not paid.

Dividends

Payments made by a corporation to its shareholders from profits, usually on a regular basis.

Vote

A formal indication of choice between options, typically in elections or other decision-making processes.

Lifting

The act or process of physically raising or elevating something.