What Is the "Third-Variable Problem

question 50

Multiple Choice

What is the "third-variable problem"?

• A) When a researcher measures so many variables that it's difficult to make sense of the data.
• B) When a research considers only one direction of causation between two variables that are strongly correlated.
• C) When a researcher measures variables that are not relevant to the relationship he or she is most interested in.
• D) When a researcher fails to consider that two variables may be correlated due only to the effects of some unmeasured third variable.

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Definitions:

Corporate Social Responsibility (CSR)

A commercial strategy that incorporates social and ecological considerations into its operations and stakeholder engagements.

Audit

A systematic examination and verification of a company's financial and operational records by an independent entity to ensure accuracy and compliance with accounting standards and regulations.

Program

A set of planned, related activities aimed at achieving specific objectives.

Sustainability Vision

A strategic framework or approach adopted by businesses to create long-term value by considering how they operate in the ecological, social, and economic environment.