Larry Was Accepted at Three Different Graduate Schools, and Must

question 41

Multiple Choice

Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer Larry any financial aid. Larry values attending Elite U at $60,000 per year. State College costs $30,000 per year, and offered Larry an annual $10,000 scholarship. Larry values attending State College at $40,000 per year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. The opportunity cost of attending State College is:

• A) $30,000
• B) $20,000
• C) $15,000
• D) $10,000

Appreciate the role of evolutionary theory in explaining human motivational drives.

Identify the psychological effects of social exclusion and inclusion on individuals.

Understand and apply hypothesis testing for population variance and standard deviation.

Interpret the results from hypothesis tests regarding population variance and standard deviation.

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Definitions:

Hunger Strike

A form of protest in which individuals refuse to eat to draw attention to their demands or to express grievance against something.

Socially Constructed

A concept or perception that is created and developed by society and culturally ingrained, rather than inherently natural or biologically predetermined.

Busy-ness

A state of being actively engaged in tasks or activities, often associated with a high level of occupation or preoccupation with work-related duties.

Three-Dimensional View

A perspective that considers an object, issue, or concept in terms of length, width, and depth, often leading to a more comprehensive understanding.