Business Stats Quiz 1

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Last updated 11:26 PM on 8/31/26
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23 Terms

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hypothesis

a prediction regarding the outcome of a study involving the potential relationship between at least two variables

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variable

an event or behaviour that has at least two values

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theory

an organized system of assumptions and principles that attempts to explain certain phenomena and how they are related

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description

carefully observing behaviour in order to describe it

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prediction

identifying the factors that indicate when an event or events will occur

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explanation

identifying the causes that determine when and why a behaviour occurs

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quasi-experimental method

research that compares naturally occuring groups of individuals, the variable of interest cannot be manipulated

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alternative explanation

the idea that is is possible that some other, uncontrollable, extranious variable may be responsible for the observed relationship

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experimental method

a research method that allows a researcher to establish a cause and effect relationship through manipulation of a variable and control of the solution

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independant variable

the variable in a study that is manipulated by the researcher

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dependant variable

the variable in the study that is measured by the researcher

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control group

the group of participants that does not recieve any level of independent variable and serves as the baseline of the study

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experimental group

the group of participants that recieves some level of independent variable

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random assignment

assigning particpants to conditions in such a way that every participant has an equal probability of being places in any condition

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organizational defintion

a definition of a variable in terms of the operations (activity) a researcher uses to measure or manipulate it

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identity

a property of measurement in which objects that are different recieve differnt scores

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magnitude

a property of measurement in which the ordering of numbers reflects the ordering of the variable

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equal unit size

a property of measurement in which a difference of 1 means the same amount throughout the entire scale

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absolute 0

a property of measurement in which assigning a score of 0 indicates an absence of the variable being measured

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nominal scale

a scale in which objects or individuals are broken into categories that have no numerical properties

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ordinal scale

a scale in which objects or individuals are categorized and the categories form a rank order along a continuem

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interval scale

a scale in which the units of measurement (intervals) between the numbers are all equal in size

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ratio scale

a scale in which, in addition to order and equal units of measurement, there is an absolute 0 that indicates an abscense of the variable being mentioned