In a short essay, define internal validity and external validity and discuss the difference between each type of validity

What will be an ideal response?


a. Internal validity refers to whether the manipulation of the independent variables or treatments actually caused the observed effects on the dependent variables. Internal validity is threatened when the influences of extraneous variables are mixed with the independent variables. Without proper control of the extraneous variables, the researcher is unable to isolate the effect of the independent variable and thus cannot establish internal validity.
b. External validity refers to whether the cause-effect relationships found in the experiment remain the same when replicated in a larger population. Threats to external validity arise when the experiment is conducted in an unrealistic manner, limiting the ability to generalize. This occurs when the experimental conditions do not account for factors likely to be encountered in the real world.

Business

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Companies with surplus cash will consider the needs of cash for:

A. issuing a special dividend to shareholders. B. buying back shares of their company stock. C. acquiring another company. D. all of these answer choices are considerations for using surplus cash.

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Which of the following is most likely to be non-claimable under property insurance contracts?

A. Overflows from burst pipes B. Loss from vandalism C. Nuclear contamination D. Loss from hostile fire

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The direct charge-off method makes no attempt to match bad-debt losses with revenues

Indicate whether the statement is true or false

Business

Bonds payable would be listed at their carrying value on the balance sheet

Indicate whether the statement is true or false

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