Exhibit 10-2: in Its Simplest Form, an Experiment Has Three

question 6

Multiple Choice

Exhibit 10-2: In its simplest form, an experiment has three characteristics.Choose the characteristic that corresponds with each example.
-Refer to Exhibit 10-2.Two classes were randomly selected and randomly assigned to be the experimental and control groups.

• A) The effect of the independent variable is measured through observation of the dependent variable.
• B) Extraneous variables are held constant.
• C) An independent variable is manipulated.

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Definitions:

Net Sales

The revenue a company generates from sales after deducting returns, allowances for damaged or missing goods, and discounts.

Vertical Analysis

A technique for analyzing financial statements where every item under the three key account categories (assets, liabilities, and equity) on a balance sheet is shown as a percentage of the total for each category.

Operating Expenses

Costs related to the operation of a business, excluding the cost of goods sold, financing costs, and taxes.

Net Sales

The total income generated from sales by a firm, after reducing it for returns, discounts, and allowances due to damaged or absent goods.