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If Both Favorable and Unfavorable Variances Exist,the Variances Are Subtracted

question 84

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If both favorable and unfavorable variances exist,the variances are subtracted from each other.The variance is determined to be favorable or unfavorable based on which one is the larger amount.


Definitions:

Groupthink

A psychological phenomenon within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Group Members

Individuals who are part of a specific collection or assembly, sharing common goals, interests, or purposes within the group.

Confederates

Individuals who are part of an experiment but pretend to be participants, aiding in the research without the real participants' knowledge.

Milgram

Refers to Stanley Milgram, a psychologist known for his experiments on obedience to authority figures, demonstrating people's willingness to follow orders from an authority figure that involved harming another person.

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