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Dr.Fletcher is interested in understanding whether joining a fraternity/sorority causes people to become more concerned about their attractiveness and appearance.He recruits a group of 55 freshmen (25 males,30 females)who are planning to go through fraternity/sorority recruitment on his campus.After they join,he gives them a measure of attractiveness concern/appearance concern (the Body Concern Scale,where higher scores indicate higher body concerns).
-As the study is described,explain a selection threat that may be present in Dr.Fletcher's study.What could Dr.Fletcher do to address this threat?
Price Range
The spread between the highest and lowest selling price of a product or service over a certain period of time.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain time period.
Perfectly Elastic
Describes a situation where the quantity demanded or supplied of a product responds infinitely to even the smallest change in price.
Inelastic
Refers to a situation where the demand or supply of a good or service is relatively unresponsive to changes in price.
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