Describe the Basic Procedures Used in a Nonequivalent Control Group

question 37

Essay

Describe the basic procedures used in a nonequivalent control group design and create three sets of hypothetical data showing (a) treatment effectiveness, (b) treatment apparently effective, but could be due to a selection by history confound, and (c) treatment apparently effective, but could be due to regression to the mean.

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Definitions:

Common Stockholders

Individuals or entities that own a portion of a corporation's equity and have voting rights based on their share ownership.

Shares Outstanding

The total number of shares of a company's stock that are currently owned by investors, including those held by the public as well as restricted shares owned by the company's insiders and employees.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock on the open market.

Cash Dividend

The distribution of some of a company's earnings to its shareholders as determined by the company's board of directors.