Caroline Conducts Research in Which She Systematically Changes Some Aspect

question 142

Multiple Choice

Caroline conducts research in which she systematically changes some aspect of the environment and then measures changes in observable behaviour. Which psychological perspective's basic ideas is this approach to research consistent with?

• A)cognitive
• B)humanist
• C)behaviourist
• D)psychoanalytic

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Definitions:

Capital Budgeting

The process used by businesses to evaluate and decide on major investments or expenditures.

Monte Carlo Simulation

A statistical technique that uses random sampling and variability to predict outcomes of a process, often used in finance to model risk and uncertainty in investment portfolios.

Simulation

The process of creating a model to study the behavior of a system or its components under various conditions.

Capital Budgeting

The process of assessing and planning for a company's long-term investment opportunities and expenditures to ensure profitability and expansion.