Given That Field Experiments Are High in External Validity,why Is

question 168

Multiple Choice

Given that field experiments are high in external validity,why is it that social psychologists still rely on laboratory studies?

• A)Laboratory studies are more psychologically realistic.
• B)in order to control for extraneous variables
• C)so that they can randomly assign participants
• D)Laboratory studies are more reliable.

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Interest Rate

The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or investments.