The Gomez Corporation Is Considering Two Projects,T and V

question 4

Multiple Choice

The Gomez Corporation is considering two projects,T and V.The following information has been gathered on these projects: Based on this information,which of the following statements is (are) true? I.Project T has the highest ranking according to the project profitability index criterion.
II) Project V has the highest ranking according to the net present value criterion.

• A)Only I
• B)Only II
• C)Both I and II
• D)Neither I nor II

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Definitions:

Control Variable

A variable that is kept constant during an experiment to ensure that any changes in the outcome are due to the independent variable.

Independent Variables

Factors in a study or experiment that are altered or adjusted in order to examine their impacts on the variables that depend on them.

Dependent Variables

In research, these are the variables that are tested to see if they are affected by changes in independent variables, essentially the outcome of interest.

Unscientific Thinking

Reasoning or belief that does not adhere to the scientific method, often relying on anecdotal evidence, personal experience, or unverified claims.