Design a Laboratory Experiment That Requires a Cover Story and Debriefing.State

question 39

Essay

Design a laboratory experiment that requires a cover story and debriefing.State the hypothesis.Discuss how you will (1)create a setting that is engaging and makes sense to the participant,
(2)manipulate the independent variable while holding other factors constant, (3)devise a valid and reliable measure of the dependent variable,and (4)assess the quality of the experiment and work to ensure the participant's well-being.Write a paragraph for each of the four stages.In your answer,discuss how your manipulation of the independent variable is strong enough that participants are aware of it,but not so strong as to give away the study's hypothesis.

---

Definitions:

Economic Costs

The total cost of choosing one action over another, including both explicit costs (direct payment) and implicit costs (opportunity costs).

Normal Rate

Typically refers to a baseline or standard rate of interest, production, or growth that is considered usual or expected under normal circumstances.

Minimum Efficient Scale

The smallest level of production at which a firm can achieve the lowest long-run average total cost.

Economic Costs

The total cost of choosing one action over another, comprising both the costs directly incurred and the opportunity costs forgone by not taking the alternative action.