On a Purely Theoretical Basis, IRR Is a Better Approach

question 111

True/False

On a purely theoretical basis, IRR is a better approach when selecting among two mutually exclusive projects.

---

Definitions:

Fixed-Interval

A schedule in operant conditioning where rewards (reinforcements) are given at fixed times, provided the correct response is made.

Continuous

Without pause or interruption; unending over time or space.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, used in behaviorist theories.

Reinforcer

A stimulus or event that increases the likelihood of the behavior that led to it happening again.