What Is the Difference Between Hypothesis Testing and Discovery-Based Research

question 1

Multiple Choice

What is the difference between hypothesis testing and discovery-based research?

• A) Hypothesis can be validated or invalidated while discovery-based research relies more on collection and analysis of data without a hypothesis
• B) Discovery-based science can be validated or invalidated while hypothesis based research relies more on collection and analysis of data
• C) There is only one type of experimental approach, both terms describe the same approach.
• D) Hypothesis-based research results in believable science while discovery-based research results in unreliable conclusions.

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Definitions:

Revenue Expenditures

Expenses incurred during the normal operation of a business that are expected to be consumed within the same accounting period.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Net Income

The total profit or loss of a company after all revenues, expenses, and taxes have been accounted for.

Owner's Equity

Owner's equity represents the owner's claim to the assets of a business, calculated as the business's total assets minus its total liabilities.