In Order to Avoid Observer Bias,researchers Establish Firm Behavioural Definitions

question 173

True/False

In order to avoid observer bias,researchers establish firm behavioural definitions and observation guidelines prior to the observations.

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Definitions:

U.S. Dollars

The official currency of the United States, used as a standard monetary unit.

Foreign Exchange Rate

The worth of one currency in relation to another for conversion purposes, establishing the rate at which one currency can be exchanged for another.

Currency Transaction

A financial transaction that involves the exchange of one currency for another, either at a bank, exchange bureau, or as part of a larger financial transaction.

Historical Exchange Rate

The rate at which one currency was exchanged for another in the past, used for comparison or accounting purposes.