Useful Theories Have Which of the Following Characteristics

question 61

Multiple Choice

Useful theories have which of the following characteristics?

• A) They allow us to make predictions
• B) They have a wide range of applicability
• C) They enable researchers to influence events
• D) All of the above

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Definitions:

Random Variable

An unpredictable phenomenon's numerical outcome represented as a variable.

Random Variable

A random variable is a variable whose values depend on outcomes of a random phenomenon.

Manufacturer

An entity or company that makes goods for sale through the process of manufacturing.

Net Income

The amount of profit that remains after all operating expenses, taxes, and interest have been deducted from total revenue.