DrKiwanis Is Conducting a Longitudinal Study on the Development of Externalizing

question 160

Multiple Choice

Dr.Kiwanis is conducting a longitudinal study on the development of externalizing behaviours in children.He samples children each year as they age but has found that,each year,his sample size is getting smaller because families are dropping out of the study.This is called

• A)developmental effects.
• B)cohort effects.
• C)attrition.
• D)infant determinism.

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Definitions:

Expected Utility Maximizer

An individual who makes choices under uncertainty to maximize their expected level of satisfaction, based on the probabilities of different outcomes.

Von Neuman-Morgenstern

A theory in economics that provides an axiomatic basis for expected utility theory, which helps to explain choice under uncertainty.

Probability

An indication of how probable an event is to happen, represented numerically between 0 and 1, with 0 meaning it cannot happen and 1 meaning it is certain to happen.

Risk Loving

A financial term describing an individual or entity's preference for taking risks, where the potential for higher gains outweighs the possibility of losses.