A crafting collective conducts a study to determine whether consumers are willing to pay more for items if they think they are hand-made compared to mass produced.They study 179 consumers as follows.An SRS of 90 people are asked to indicate the maximum amount they would be willing to pay for knit items on a website.They are told all items are hand-made.The remaining 89 people are asked to complete the same task for the same items, except they are told that all the items are mass produced.The people in the first group listed a mean maximum price of $82.43 with a standard deviation of $31.75 for all the items on the website.The second group listed a mean maximum price of $68.36 with a standard deviation of $12.30 for all the items on the website.

Identify thetype of studythat was conducted.

1. Observational Study
2. Randomized Experiment
3. Double-blind
4. None of the above

Identify theoutcome variablein this study.

1. the subjects are willing to pay more money if they think items are hand-made than if they think they are mass produced
2. whether the subjects are told that items on the website are hand-made or mass produced
3. the maximum amount the subjects would be willing to pay for items on the website
4. None of the above

Identify thetreatmentsin this study.

1. whether the subjects are told that items on the website are hand-made or mass produced
2. the different items displayed on the website, such as hats, scarves, or blankets
3. the maximum amount the subjects would be willing to pay for items on the website
4. None of the above.