At Midterm,a College Determines That 300 of Its Students Are

question 2

Multiple Choice

At midterm,a college determines that 300 of its students are at risk for suspension this semester.Its tutoring center argues that,with a series of targeted emails encouraging students to come in for help,it can promise to certainly save 100 of those students from suspension.However,an external firm approaches the college with an offer to start a new program,with a 1/3 chance of preventing all 300 students from being suspended (and a 2/3 chance of saving none of these students) .Under which circumstances is the college most likely to hire the external firm?

• A)the tutoring center and the external firm emphasize the number of students to be "saved" in their presentations
• B)the tutoring center and the external firm emphasize the number of students who will be suspended under each of their programs
• C)the tutoring center emphasizes the potential number of students to be suspended,while the external firm emphasizes the potential number of students saved from suspension
• D)both the tutoring center and the external firm place equal emphasis on the students to be "saved" and the students who will be suspended under each approach

Recognize the importance and use of random assignment in experiments to minimize bias.

Differentiate between dependent and independent variables and their roles in research.

Grasp the concept and implications of confounding variables in psychological studies.

Comprehend the purpose and process of using placebos and the placebo effect in research.

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Definitions:

Traditional Costing

A costing methodology that allocates overhead costs based on a single, volume-based cost driver, often used in less complex manufacturing environments.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities related to production.

Production Orders

Instructions or commands produced to initiate the manufacture of a specific quantity of goods at a specified time.

Activity-Based Costing

A costing method that allocates overhead and indirect costs to specific activities, providing more accurate product costing.