To Differentiate Between a Simple Correlation and Causation,researchers Often Divide

question 7

Short Answer

To differentiate between a simple correlation and causation,researchers often divide subjects into treatment and control groups and follow them for a number of years to see if one group has a higher incidence of disease than the other group.What is this type of study called?

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Definitions:

Net Profit

The actual profit after working expenses not included in the calculation of gross profit have been paid.

External Users

Individuals or entities outside a company, such as investors and creditors, who rely on financial information to make decisions.

Accounting Information

Data related to the financial transactions and status of an organization, used for decision-making, planning, and financial reporting.

Managers

Managers are individuals in an organization responsible for directing and overseeing the work of a group of people in achieving certain goals or completing projects.