Use the Following to Answer Questions

question 35

Multiple Choice

Use the following to answer questions
Scenario III
Scenario III is based on fabricated data inspired by the following study:
Pretz, J. E. & Kaufman, J. C. (2015) . Do traditional admissions criteria reflect applicant creativity? The Journal of Creative Behavior, 49(2) , 1-15.
Creativity and College Admissions Study
Pretz and Kaufman examined the relationship between creativity and college admissions status in 610 undergraduate students. The volunteers' creativity was assessed using a 3three-item creative self-efficacy scale and the Kaufman Domains of Creativity Scale. Creativity was examined in relation to each student's high school rank and college standardized test scores. The results revealed a statistically significant negative relationship between creativity and college admissions status, and that very high levels of creativity were often associated with less favorable admission status. The authors conclude that some students admitted into college are very creative while others are not particularly creative, and that regardless of one's level of creativity, all college students have a level of intelligence greater than those not admitted to college.
-Sarah is an undergraduate research assistant who was in charge of obtaining informed consent from the undergraduates who participated in this study. Sarah was involved in which step associated with hypothesis testing?

• A) identifying key variables
• B) choosing a research design
• C) conducting the study
• D) communicating the findings

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Definitions:

Gross profit

The difference between sales revenue and the cost of goods sold before accounting for operating expenses, interest, taxes, etc.

Ending merchandise inventory

The worth of products on hand for purchase at the conclusion of a financial period.

Rising prices

A situation in an economy where the general level of prices for goods and services is increasing over a period of time.

Inventory method

A system used by companies to keep track of the quantity and cost of inventory on hand and sold, including methods like FIFO (First In, First Out) and LIFO (Last In, First Out).