One of the Best Ways to Track the Behavior of a Test

question 7

Multiple Choice

One of the best ways to track the behavior of a test subject is through

• A)surveying.
• B)observation.
• C)interviewing.
• D)metasearch analysis.
• E)representative sampling.

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Definitions:

WARP

The Weak Axiom of Revealed Preference, a concept in microeconomics that asserts if a consumer prefers bundle A over bundle B when both are affordable, then the consumer will not choose B over A when B's price decreases making it more affordable.

Bundle

A group or collection of items that are offered together as a single package.

Laspeyres Price Index

A price index that measures the relative price change of a basket of goods and services, using the quantities from the base period.

Per Capita Income

An average income earned per person in a given area (city, region, country) in a specified year, often used as an indicator of the economic health of a region.