Suppose that you want to measure the causal effect of hours spent studying on the performance on a microeconomics exam for a class of 30 students. Which of the following could be an ideal randomized controlled experiment to study the desired causal effect? OA. Allow all students an extra day to study for the microeconomics exam. Then measure the exam score difference between the student with the highest score and lowest score respectively. OB. Allow fifteen students, chosen at random, an extra day to study for the microeconomics exam. Then measure the exam score differences between students who got the extra day to study and those that did not. OC. Allow the fifteen students with the highest grades in the class an extra day to study for the microeconomics exam. Then measure the exam score differences between students who got the extra day to study and those that did not. OD. All of the above could be ideal randomized controlled experiments. Consider the following randomized controlled experiment: You allow fifteen students, chosen at random, an extra day to study for the microeconomics exam, and then measure the score differences between those who got the extra day to study and those that did not. Which of the following could be impediments to implementing this experiment in practice? OA. It could be against school policy to administer the same exam to two different groups of students in the same class on different days. OB. It could be costly to administer the same exam to two different groups of students in the same class on different days. OC. It could be considered unethical to allow some students more time to study.
Suppose that you want to measure the causal effect of hours spent studying on the performance on a microeconomics exam for a class of 30 students. Which of the following could be an ideal randomized controlled experiment to study the desired causal effect? OA. Allow all students an extra day to study for the microeconomics exam. Then measure the exam score difference between the student with the highest score and lowest score respectively. OB. Allow fifteen students, chosen at random, an extra day to study for the microeconomics exam. Then measure the exam score differences between students who got the extra day to study and those that did not. OC. Allow the fifteen students with the highest grades in the class an extra day to study for the microeconomics exam. Then measure the exam score differences between students who got the extra day to study and those that did not. OD. All of the above could be ideal randomized controlled experiments. Consider the following randomized controlled experiment: You allow fifteen students, chosen at random, an extra day to study for the microeconomics exam, and then measure the score differences between those who got the extra day to study and those that did not. Which of the following could be impediments to implementing this experiment in practice? OA. It could be against school policy to administer the same exam to two different groups of students in the same class on different days. OB. It could be costly to administer the same exam to two different groups of students in the same class on different days. OC. It could be considered unethical to allow some students more time to study.
Chapter1: Making Economics Decisions
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