What is meant by randomization in the context of an economic experiment?

a. subjects are assigned by chance, rather than by choice, to a group.

b. subjects are assigned to control and test groups by noneconomic factors such as race.

c. eonomic experiments are not arranged in a logical sequence.

d. group numbers are arranged in a nonsequential order?

Question

Social Studies

Justice Tran

9 July, 23:56

What is meant by randomization in the context of an economic experiment?

a. subjects are assigned by chance, rather than by choice, to a group.

b. subjects are assigned to control and test groups by noneconomic factors such as race.

c. eonomic experiments are not arranged in a logical sequence.

d. group numbers are arranged in a nonsequential order?

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Answers (1)

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Paul · Answer 1

Subjects are assigned by chance, rather than by choice, to a group.

Explanation:

In randomization process, the researchers will gather the subjects together and form a group based on that population without even thinking about their characteristics.

This method is often used is the researchers want to make the results of their study to be applicable to heteregonous society with variety of age, genders, ethnicities, and genetic compositon.