Which of the Following Would Be Stored Electronically on Microchips

question 85

Multiple Choice

Which of the following would be stored electronically on microchips, magnetic strips, or other computer media and would allow for the elimination of physical currency?

• A) Electronic funds.
• B) Electronic medium.
• C) Digital cash.
• D) Digital resources.
• E) Electronic resources.

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Definitions:

Descriptive Statistics

Statistical methods that summarize and describe the features of a data set, including measures of central tendency and variability.

Hypotheses

Proposed explanations made on the basis of limited evidence as a starting point for further investigation, often tested statistically.

Confounding Variables

External variables that can affect the outcome of an experiment, making it difficult to establish a clear cause-and-effect relationship.

Random Assignment

The assignment of participants to categories of an independent variable such that each participant has an equal chance of being assigned to each category.