Which of the Following Is a Limitation of Correlational Research

question 15

Multiple Choice

Which of the following is a limitation of correlational research?

• A) We can never be sure about causality.
• B) The strength of the relationship cannot be inferred.
• C) Independent variables can be manipulated.
• D) There may be a difference across conditions besides the independent variable.

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Definitions:

Variable Overhead Efficiency Variance

The difference between the actual variable overhead costs incurred and the standard variable overhead costs, based on efficient use of resources.

Labor Rate Variance

The difference between the actual hourly wage paid to workers and the expected (or standard) wage rate, multiplied by the total hours worked.

Variable Overhead Rate Variance

Variable overhead rate variance is the difference between the actual variable overhead costs incurred and the expected (standard) costs, influenced by fluctuations in production activity levels.

Materials Price Variance

The difference between the actual cost of materials and the standard (or expected) cost, indicating how much more or less was spent on materials than was planned.