Failure to Include the Proper Set of Predictor Variables Can

question 74

True/False

Failure to include the proper set of predictor variables can lead to coefficient bias and incorrect coefficient signs.

Recognize the cultural predisposition towards interpreting social behaviors and norms.

Understand the concepts of dispositional and situational attributions and how they apply to behavior analysis.

Identify and explain the fundamental attribution error and its impact on perception of behavior.

Distinguish between attribution theory and other psychological concepts such as cognitive dissonance and attitudes.

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Definitions:

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.

Predictable

Able to be foreseen or declared in advance; capable of being predicted.

Absolute Value

The non-negative value of a real number without regard to its sign; it represents the distance of a number on the number line from the origin.

Budget Line

A graphical representation of all possible combinations of two goods which a consumer can afford given their income and the prices of the goods.