The Main Reason for Using a 2 × 2 Factorial

question 18

Multiple Choice

The main reason for using a 2 × 2 factorial design instead of two separate experiments (with one IV per experiment) is to:

• A)find the main effects of each independent variable.
• B)find an interaction between the independent variables.
• C)save time.
• D)manipulate one independent variable at a time.

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Definitions:

Agency Theory

A theory explaining the relationship between principals (such as shareholders) and agents (such as company executives), focusing on the conflicts that can arise due to differing interests and information asymmetry.

Modern Organizations

Entities characterized by structured systems and practices aimed at achieving specific goals through collective efforts.

ERG Theory

A theory in psychology that categorizes human needs into three categories: Existence, Relatedness, and Growth.

VIE Theory

Stands for Valence, Instrumentality, and Expectancy, a psychological theory that explains motivation in terms of an individual's belief in the effectiveness and value of effort towards achieving a goal.