Randomized Controlled Trials

question 57

Multiple Choice

Randomized controlled trials:

• A) choose people randomly to measure the impact of a particular intervention, saving the cost of evaluating all participants.
• B) randomly assign people into control and treatment groups in order to focus on the impact of a particular intervention.
• C) control how much of a treatment is given to each participant in order to measure the ideal quantity.
• D) are not a useful tool in assessing how specific interventions may influence economic development.

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Definitions:

Work Flow

The sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion.

Nonfinancial Measures

Metrics used to assess performance and operations that do not involve monetary transactions, such as customer satisfaction or employee turnover rates.

Inputs

Resources used in the production process, including raw materials, labor, and overhead costs.

Outputs

Outputs are the goods or services produced by a company or an economic system as a result of its inputs and processes.