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An article in a 2006 issue of the Journal of Behavioral Decision Making reports on a study involving 47 graduate students at Harvard. All of
- An article in a 2006 issue of the Journal of Behavioral Decision Makingreports on a study involving 47 graduate students at Harvard. All of the participants were given $50, but some (chosen at random) were told that this was a "tuition rebate", while others were told that this was "bonus income". After one week, the students were contacted again and asked how much of the $50 they had spent and how much they had saved. Researchers wanted to know whether those receiving the "rebate" would tend to save more money than those receiving the "bonus".
observational unit(s):
Variables:
identify the variable(s) as quantitative or categorical.
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