In an investigation to examine the effects of using charts of past trends to pro

Question

In an investigation to examine the effects of using charts of past trends to produce future prices, six business students are selected. They are to trade a foreign currency at computer screens with the goal of making as much money as possible. Although all students have access to price history of the foreign currency, only some have software available that helps to highlight trends. Three students have access to this software while the other three do not. The names of the six subjects follow.

1. Sherer 4. Disbro

2. Cressie 5. Minor

3. Delp 6. Walsh

The experimental units are

A. the subjects serving as the control without software

B. the six business students

C. all business students at the college

D. the amount of money made

Explanation / Answer

Correct option:

B. the six business students

EXPLANATION:

The Experimental Unit is the entity which can be assigned at random to a treatment.

Here, six business students are selected to examine the effects o using charts of past trends to produce future prices.

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