Which of the Following Is Recommended for Completing the IRB

question 64

Multiple Choice

Which of the following is recommended for completing the IRB process?

• A) secure funding before IRB submission
• B) determine what information about your study the IRB needs
• C) ensure hypotheses are stated in null and alternative forms
• D) state hypotheses in directional and nondirectional forms

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Definitions:

Partial Equilibrium

Partial equilibrium is an analysis of the equilibrium position of a single market or sector within the wider economy, without considering interactions with other markets or sectors.

Substitutes

Two goods for which an increase in the price of one leads to an increase in the quantity demanded of the other.

General Equilibrium Analysis

Simultaneous determination of the prices and quantities in all relevant markets, taking feedback effects into account.

Partial Equilibrium Analysis

Determination of equilibrium prices and quantities in a market independent of effects from other markets.