The analysis is externally valid if
A) the statistical inferences about causal effects are valid for the population being studied.
B) the study has passed a double blind refereeing process for a journal.
C) its inferences and conclusions can be generalized from the population and setting studied to other populations and settings.
D) some committee outside the author's department has validated the findings.
Answer: C) its inferences and conclusions can be generalized from the population and setting studied to other populations and settings.
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When there is a shortage in the market, the quantity sold is
A) greater than the quantity supplied. B) equal to the quantity supplied. C) less than the quantity supplied. D) less than the quantity bought.
The value of a basket of goods and services in 2010 and 2012 were $800 and $900, respectively. If 2012was the base year, the price index for this base year was _____
a. 88.9 b. 100 c. 120 d. 112.5