A Researcher Is Testing the Hypothesis Stating a Positive Relationship

question 26

Multiple Choice

A researcher is testing the hypothesis stating a positive relationship between business owners' level of risk tolerance and the insurance coverage for the business. To test this, the researcher uses a set of prescribed procedures for establishing and connecting theoretical statements about these two constructs, for analyzing empirical evidence gathered through surveys, and for predicting future behavior. This researcher is following the _____.

• A) hypothetical method
• B) scientific method
• C) deductive method
• D) inductive method

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Definitions:

Standard Deck

In card games, a standard deck refers to a complete set of cards, typically consisting of 52 cards in four suits.

Denominations

Refers to distinctive categories or units, often used in the context of currency, religion, or other systems of classification.

Probability Model

A mathematical framework that describes the likelihood of various outcomes in a random experiment.

Complete

The status of tasks or processes that have been fully finished or accomplished, leaving no part undone.