If the Researcher in the Study Above (Examining Gender and Car

question 95

Multiple Choice

If the researcher in the study above (examining gender and car preference) specifically designed the study so that 50 men and 50 women would be selected for the study,then in the data table,the marginal means for the car choice variable would be _____,but the marginal means for gender would be _____.

• A)fixed;random
• B)expected;determined
• C)random;fixed
• D)determined;independent

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Definitions:

Adverse Selection

A situation in economics and insurance where parties with higher risk are more likely to engage in an agreement, leading to unbalanced and unfavorable outcomes for one of the parties.

Diversification

An investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.

Economic Growth

The growing ability of the economy to produce goods and services.

Industry-specific

Pertains to aspects or characteristics unique to a particular industry or sector.