Which One of the Following Is the First Step in Testing

question 24

Multiple Choice

Which one of the following is the first step in testing a hypothesis?

• A) Deducing consequences that can be observed.
• B) Asking the views of authorities to see if it satisfies the criteria.
• C) Selecting or developing research instruments for data collection
• D) Reviewing the literature in the field to see if the hypothesis is consistent with the body of knowledge

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Definitions:

Financial Centre

A global city known for hosting a cluster of national or international financial institutions, markets, and service providers.

Money

A medium of exchange that enables the transfer of goods and services among parties.

Forward Rate

The interest rate agreed today for a loan to be made in the future.

Arbitrage Opportunities

Situations in which it is possible to simultaneously buy and sell assets in different markets or in different forms to benefit from price differences without risk.