Four Participants Sign Up for an Experiment Examining the Effects

question 124

Multiple Choice

Four participants sign up for an experiment examining the effects of alcohol on sociability. One participant is given an alcoholic beverage to drink and is told that it is alcohol. A second participant is given an alcoholic beverage to drink but told that it is nonalcoholic. A third drinks a nonalcoholic beverage but is told that it contains alcohol, and a fourth is given a nonalcoholic beverage and is told that it is nonalcoholic. This illustrates a _____ placebo design.

• A)pre-post
• B)deceptive
• C)double-blind
• D)balanced

---

Definitions:

Judgmental Forecasting

A forecasting method that relies on intuitive judgments, opinions, and subjective estimates rather than on rigorous mathematical models.

Shiller Real Home Price Index

An index that tracks changes in the price of residential real estate in the United States, adjusting for inflation.

Simple Moving Average

A method used in technical analysis to smooth out price data by continuously updating the average price of a security over a specific period of time.

Shiller Real Home Price Index

A metric that monitors variations in the cost of domestic properties in the U.S., corrected for inflation impacts.