DrDow Jones Wants to Know Whether a Problem-Based Approach to Teaching

question 11

Multiple Choice

Dr.Dow Jones wants to know whether a problem-based approach to teaching economics will result in higher academic performance than his traditional method.Of the six sections of Economics 101 at his university,Dr.Jones randomly assigns three sections to the traditional method and three sections to the problem-based method.At the end of the semester,all students complete the same final exam.In this design,students studying under the traditional method constitute the:

• A)placebo group.
• B)treatment group.
• C)sample.
• D)control group.

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Definitions:

Residual Value

The estimated amount that an asset will realize upon its disposal at the end of its useful life after deducting expected costs of disposal.

Annual Depreciation

The portion of the cost of a fixed asset that is expensed each year over its useful life as a way to allocate the cost over time.

Useful Life

The estimated period that an asset is expected to be usable for the purpose for which it was acquired, affecting its depreciation or amortization.

AASB 116

An Australian accounting standard that outlines the accounting treatment for property, plant, and equipment including recognition, depreciation, and impairment.