Describe the three major steps of the scientific method and give an example of each.
What will be an ideal response?
- Identifying questions of interest (example: Why do girls and boys differ in height during puberty?)
- Formulating an explanation (example: Biological and genetic forces produce these observable physical changes)
- Carrying out research that either lends support to the explanation or refutes it (examine: Blood samples, genetic testing, and familial height measurements are collected)
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Solve the problem.Suppose your after-tax income is $42,667. Your annual expenses are $25,996 for rent, $6979 for food and household expenses, $1234 for interest on credit cards, and $7977 for entertainment, travel, and other. You expect to get a 25% raise next year. Could you afford $4113 in tuition and fees without going into debt?
A. No B. Yes
Provide an appropriate response.Which of the following will contribute to an increased federal debt?
A. Increasing receipts B. Decreasing Social Security benefits C. Increasing international aid D. Raising taxes
Mathias Company estimated that it has a 20% probability of receiving $240,000 one year from now, a 30% probability of receiving $240,000 two years from now, and a 50% probability of receiving $240,000 three years from now. ? Required: ? Using the FASB's concept of "expected cash flows," calculate the present value of the expected cash flows assuming a 10% interest rate compounded annually.
What will be an ideal response?
When an investigator devises different conditions and then compares the outcomes of the participants exposed to those different conditions in order to see how behavior is affected, what is this is called?
A. hypothesis B. experiment C. theory D. treatment