Question

most of the data used in economics in general DO NOT come from highly controlled experiments...

most of the data used in economics in general DO NOT come from highly controlled experiments

a.true
b. false

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

the given statement is false and this is because of the fact that in Economics what happens as the entire real life scenario is totally different from that of experiment because there are infinite number of variables that will be involved in each of the situation and concept and that is the reason why in order to simplify it the people who make experiments make assumptions on various things and proceed for experimenting under that bracket as a result of which you have to understand that because they are experimenting under a lot of assumptions this is considered as a very highly controlled experiment on the whole and that is the reason why

(b) False is the answer to this question

Please please do upvote if the solution is found helpful

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
what two factors do standard economics consider as the most important in explaining productivity increases? what...
what two factors do standard economics consider as the most important in explaining productivity increases? what two factors do standard economics consider as the most important in explaining productivity increases? a) increasing capital stock and technological progress b) increasjng energy supplies and technological progress c) increasing energy supplies and increasing natural resources
In general, today the public and most corporations do not contest the importance of including social...
In general, today the public and most corporations do not contest the importance of including social responsibility, but rather how much social responsibility and under what conditions. true false
Each of the solvents listed below are commonly used in experiments to extract organic compounds from...
Each of the solvents listed below are commonly used in experiments to extract organic compounds from aqueous solutions. Will the organic phase be the upper (top) or lower (bottom) layer when each of these solvents is mixed with water? Explain your answer in each case, using appropriate supporting data. a) Ethyl acetate = b) Hexane =
Where did most of their cash inflow come from? Where did most of their Cash Outflow...
Where did most of their cash inflow come from? Where did most of their Cash Outflow Go? Do You think these inflows and outflows indikcated good or bad news? Investing ACTIVITIES: Purchases of property and equipment, including internal-use software and website development, net $(6,737) Acquisitions, net of cash acquired, and other $(116) Sales and maturities of marketable securities $4,733 Purchases of marketable securities$(7,756) Net cash provided by (used in) investing activities $(9,876)
Excerpt: “Blood tests [for herpes] can be highly unreliable. The kind of test used to diagnose...
Excerpt: “Blood tests [for herpes] can be highly unreliable. The kind of test used to diagnose Lauren, an IgM test, has long been rejected by the Centers for Disease Control and Prevention but is still used by some clinicians. Meanwhile, the CDC and the US Preventive Services Task Force concur that the most widely available herpes test, called HerpeSelect, should not be used to screen asymptomatic people because of its high risk of false positives: Up to 1 in 2...
1. Electronic blood pressure devices require the use of a stethoscope. * a. True b. False...
1. Electronic blood pressure devices require the use of a stethoscope. * a. True b. False 2. The odd-numbered pounds on an upright scale are marked with numbers. * a. True b. False 3. The gatch handles to the bed should be left out at all times. * a. True b. False 4. You should tell the patient that you are counting her respirations. * a. True b. False 5. For good posture and even weight distribution, the patient’s feet...
The numbers of eyes that different people have. Does the data come from a discrete or...
The numbers of eyes that different people have. Does the data come from a discrete or continuous data set? Group of answer choices A- A continuous data set because there are infinitely many possible values and those values can be measured. B- A discrete data set because the possible values can be counted. C- A continuous data set because there are infinitely many possible values and those values can be counted. D- The data set is neither continuous nor discrete....
Q1. Read the statement below and decide whether it is True or False. For highly skewed...
Q1. Read the statement below and decide whether it is True or False. For highly skewed data the sample median is a more sensible measure of centre than the sample mean. a) True b) False Q2. Read the statement below and decide whether it is True or False. Only properly designed and well executed experiments can reliably establish causation. a) True b) False Q3. Read the statement below and decide whether it is True or False. If the tail proportion...
Come up with your own Confidence Interval problem. Feel free to use hypothetical data. Think about...
Come up with your own Confidence Interval problem. Feel free to use hypothetical data. Think about something that might be useful in your career or in business in general. Try to steer away from examples already used in the book. Run the problem in Megastat and explain the results.  
Data used in data mining should not be in its lowest level of abstraction (from which...
Data used in data mining should not be in its lowest level of abstraction (from which information and knowledge are derived). True False
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT