A researcher is interested in studying the effect of having an MBA degree on consultants' mid-career...
Fantastic news! We've Found the answer you've been seeking!
Question:
![](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2023/09/65042ea21f4f0_1694772896924.jpg)
Transcribed Image Text:
A researcher is interested in studying the effect of having an MBA degree on consultants' mid-career salaries, so the researcher selects a random sample of mid-career consultants and sends each a questionnaire. The researcher finds that those consultants who earned MBA degrees at some point had, on average, salaries 23% greater than those who had not earned MBA degrees." in first answer choice, change "MBA caused" to "MBA degree causes. Which of the following is the most accurate description of this scenario? O The researcher conducted an experiment and can conclude that earning an MBA caused an increase in average mid-career salary. The researcher conducted a prospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that earning an MBA degree causes an increase in average mid-career salary. The researcher conducted a retrospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that, compared with not earning an MBA degree, earning an MBA degree is associated with a higher average mid-career salary. However, the researcher cannot conclude a causal relationship between those variables. The researcher conducted a prospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that, compared with not earning an MBA degree, earning an MBA degree is associated with a higher average mid-career salary. However, the researcher cannot conclude a causal relationship between those variables. O The researcher conducted an experiment but cannot conclude that earning an MBA degree causes an increase in average mid-career salary, because only observational studies can prove causal relationships. A researcher is interested in studying the effect of having an MBA degree on consultants' mid-career salaries, so the researcher selects a random sample of mid-career consultants and sends each a questionnaire. The researcher finds that those consultants who earned MBA degrees at some point had, on average, salaries 23% greater than those who had not earned MBA degrees." in first answer choice, change "MBA caused" to "MBA degree causes. Which of the following is the most accurate description of this scenario? O The researcher conducted an experiment and can conclude that earning an MBA caused an increase in average mid-career salary. The researcher conducted a prospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that earning an MBA degree causes an increase in average mid-career salary. The researcher conducted a retrospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that, compared with not earning an MBA degree, earning an MBA degree is associated with a higher average mid-career salary. However, the researcher cannot conclude a causal relationship between those variables. The researcher conducted a prospective observational study because the consultants were not randomly assigned to earn an MBA degree or not. The researcher can conclude that, compared with not earning an MBA degree, earning an MBA degree is associated with a higher average mid-career salary. However, the researcher cannot conclude a causal relationship between those variables. O The researcher conducted an experiment but cannot conclude that earning an MBA degree causes an increase in average mid-career salary, because only observational studies can prove causal relationships.
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below The most accurate descr... View the full answer
Related Book For
Introduction to Econometrics
ISBN: 978-0133595420
3rd edition
Authors: James H. Stock, Mark W. Watson
Posted Date:
Students also viewed these economics questions
-
I. The capacity of the company is 70.000 units of electrical toys and can sell only 50.000 units for 50$ each. Fixed costs are 720.000$ and CMR 36%. New market research shows that decreasing the sale...
-
An investigator is interested in studying the effect of resident work hour limitations on surgical residents. One area she wishes to address is burnout, and she plans to assess it with two questions...
-
A market researcher was interested in studying the effect of advertisements on brand preference of people purchasing a new personal computer. Prospective purchasers of new computers were first asked...
-
The measured and corrected cylinder pressures around IVC (210CA) are given in the table. Find out the reference pressure ppeg (the manifold air pressure) at IVC, using 5 point half-width (n=10) for...
-
a. What does Stephen Harper say about fiscal stimulus and fiscal policy more generally? b. What does Sherry Cooper say about fiscal stimulus and fiscal policy more generally? c. Draw graphs to...
-
The jet plane has a mass of 250 Mg and a horizontal velocity of 100 m/s when t = 0. If both engines provide a horizontal thrust which varies as shown in the graph, determine the planes velocity in t...
-
Describe the five driving forces of globalization. L01
-
Gary Stewart and his wife Debbie, both age 32, have been married for twelve years and have a 2- year old son, Grant. Gary is a mid-level manager at a Fortune 500 company and currently earns $85,000...
-
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The book value of the assets of the Segment was $8 million. The loss from...
-
The symbol < means is approximately ________ to. Fill in the blank with an appropriate word, phrase, or symbol(s).
-
TO HMWK Score: 10/22 Question 7 10/22 answered
-
IV. Normal Distribution 9. IQ scores are said to be normally distributed with a mean of 100 and a standard deviation of 15. Label the normal curve below and then answer the questions that follow. a....
-
Manually determine the range, variance, and standard deviation of the set of numbers. Show the computations: a. 3, 8, 10, 14, 9, 10, 12, 21, 5, 13, 11, 10 b. 232, 212, 151, 325, 142, 132, 142, 236,...
-
Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 70:30 basis, respectively, wish to retire and have agreed to liquidate the business. Liquidation...
-
1 Frequency Domain Analysis 1. Given an input u(t) = cos(t) + 2 sin(5t) cos(5t) which is a sum of a lower frequency signal and a higher-frequency noise. Determine the feasible range of time constant...
-
A motor supplies a constant torque or twist of M = 120 lb ft to the drum. If the drum has a weight of 30 lb and a radius of gyration of ko = 0.8 ft, determine the speed of the 15-lb crate A after it...
-
Explain six major categories of objections with examples.
-
You have just begun your summer internship at Omni Instruments. The company supplies sterilized surgical instruments for physicians. To expand sales, Omni is considering paying a commission to its...
-
Repeat Exercise 11.6 using the logit model in Equation (11.10). Are the logit and probit results similar? Explain. Exercise 11.6 Use the estimated probit model in Equation (11.8) to answer the...
-
Suppose that (Yi, Xi) satisfy the assumptions in Key Concept 4.3. A random sample of size n = 250 is drawn and yields = 5.4 + 3.2X, R2 = 0.26, SER = 6.2. (3.1) (1.5) (a) Test H0: i = 0 vs. H1: 1 0...
-
(a) A linear regression yields 1 = 0. Show that R2 = 0. (b) A linear regression yields R2 = 0. Does this imply that 1 = 0?
-
E14.9. Simple Valuation for the Coca-Cola Company (Medium) In early 2006, the 2,369 million outstanding shares of the Coca Cola Company traded at $48.91 each. The price-to-book ratio was 6.3 and the...
-
E14.8. Simple Valuation for General Mills, Inc. (Easy) The following are from the financial statements for General Mills (in millions): 2008 2007 Net operating assets $12,847 $12,297 Common equity...
-
E14.10. Reverse Engineering for Starbucks Corporation (Medium) In January 2008, the 738.3 million outstanding shares of Starbucks Corporation traded at $20 each. Analysts' consensus carning-per-share...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App