Economics/Quiz

< Economics
This image depicts units of currency issued by the United States of America. Credit: the United States government.

Economics is a key-note lecture and an article as part of the economics department series.

You are free to take this quiz based on economics at any time.

To improve your score, read and study the lecture, the links contained within, listed under See also, and in the income template. This should give you adequate background to get 100 %.

As a "learning by doing" resource, this quiz helps you to assess your knowledge and understanding of the information, and it is a quiz you may take over and over as a learning resource to improve your knowledge, understanding, test-taking skills, and your score.

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To master the information and use only your memory while taking the quiz, try rewriting the information from more familiar points of view, or be creative with association.

Enjoy learning by doing!

Quiz

Point added for a correct answer:   
Points for a wrong answer:
Ignore the questions' coefficients:

1. True or False, Money is the best gift.

TRUE
FALSE

2. True or False, A dominant group regarding an economics differs from a control group in that it rules the treatment of the control group.

TRUE
FALSE

3. Evidence that demonstrates that a model or idea for an economics versus a control group is feasible is called a

.

4. True or False, A control group may be used in an economics to demonstrate no effect or a standard effect versus a novel effort applied to a treatment group.

TRUE
FALSE

5. Complete the text:

A short or realization of a certain or idea to a treament's feasibility for an economics is called a proof of .

6. True or False, A pure economics involves no doing apart from itself.

TRUE
FALSE

7. Complete the text:

A proof-of-concept structure, including a control group, consists of , procedures, findings, and .

8. True or False, The purpose of a treatment group for economics is to describe natural processes or phenomena for the first time relative to a control group.

TRUE
FALSE

9. True or False, Economics is the study of the value system and rewards of a particular society.

TRUE
FALSE

Your score is 0 / 0

Research

Hypothesis:

  1. Economics of a functioning economy may include those endeavors which are profit-making adequately balanced by the other endeavors which are not.

Control groups

This is an image of a Lewis rat. Credit: Charles River Laboratories.

The findings demonstrate a statistically systematic change from the status quo or the control group.

“In the design of experiments, treatments [or special properties or characteristics] are applied to [or observed in] experimental units in the treatment group(s).[1] In comparative experiments, members of the complementary group, the control group, receive either no treatment or a standard treatment.[2]"[3]

Proof of concept

Def. a “short and/or incomplete realization of a certain method or idea to demonstrate its feasibility"[4] is called a proof of concept.

Def. evidence that demonstrates that a concept is possible is called proof of concept.

The proof-of-concept structure consists of

  1. background,
  2. procedures,
  3. findings, and
  4. interpretation.[5]

See also

References

  1. Klaus Hinkelmann, Oscar Kempthorne (2008). Design and Analysis of Experiments, Volume I: Introduction to Experimental Design (2nd ed.). Wiley. ISBN 978-0-471-72756-9. http://books.google.com/?id=T3wWj2kVYZgC&printsec=frontcover.
  2. R. A. Bailey (2008). Design of comparative experiments. Cambridge University Press. ISBN 978-0-521-68357-9. http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521683579.
  3. "Treatment and control groups, In: Wikipedia". San Francisco, California: Wikimedia Foundation, Inc. May 18, 2012. Retrieved 2012-05-31.
  4. "proof of concept, In: Wiktionary". San Francisco, California: Wikimedia Foundation, Inc. November 10, 2012. Retrieved 2013-01-13.
  5. Ginger Lehrman and Ian B Hogue, Sarah Palmer, Cheryl Jennings, Celsa A Spina, Ann Wiegand, Alan L Landay, Robert W Coombs, Douglas D Richman, John W Mellors, John M Coffin, Ronald J Bosch, David M Margolis (August 13, 2005). "Depletion of latent HIV-1 infection in vivo: a proof-of-concept study". Lancet 366 (9485): 549-55. doi:10.1016/S0140-6736(05)67098-5. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1894952/. Retrieved 2012-05-09.

External links

Development status: this resource is experimental in nature.
Educational level: this is a research resource.
Resource type: this resource is a quiz.
Subject classification: this is an economics resource.
Subject classification: this is a humanities resource.
Subject classification: this is a psychology resource .
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