Theory Is Defined As

question 198

Multiple Choice

Theory is defined as:

• A)a statement that attempts to predict a set of phenomena,and specifies relationships among variables that can be empirically tested.
• B)an organized system of assumptions and principles that purports to explain a specified set of phenomena and their interrelationships.
• C)the precise meaning of a term which specifies the operations for observing and measuring the process or phenomenon being investigated.
• D)the principle that a scientific theory must make predications that are specific enough to expose the theory to the possibility of disconfirmation.

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Definitions:

Grandchildren

The children of one's children, forming the third generation in a family lineage.

Future Value Factor

A factor used to calculate the future value of a cash flow at a certain rate of interest over a specific number of periods.

Interest Rate

is the percentage of principal charged by the lender for the use of its money or the return earned on deposit accounts.

Present Value

The current value of a future amount of money or stream of cash flows, discounted at a particular interest rate.