In What Way Could a Homogeneous Population of Participants in a Study

question 11

Multiple Choice

In what way could a homogeneous population of participants in a study weaken the study?

• A) By decreasing the reliability of the findings
• B) By decreasing the generalizability of the findings
• C) By increasing the number of participants needed to reach statistical significance
• D) By increasing the risk of the findings being the result of chance alone

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Definitions:

Downward-Sloping Demand

A situation in economics where demand for a commodity decreases as the price increases, according to the law of demand.

No Monopoly Power

A market condition where no single seller can influence prices or market conditions due to the presence of numerous competitors.

Monopolistically Competitive

A market structure characterized by many firms offering similar but not identical products, leading to competition based on product differentiation.

Typical Firm

A typical firm refers to an average or representative entity in an industry characterized by the industry's common practices, production processes, and competitive strategies.