A bank manager wants to determine the cause-and-effect relationship between interest rate and the inducements it offers to clients to save and deposit money in the bank.What is the appropriate study setting?
A)A field study.
B)A field experiment.
C)A lab experiment.
D)None of the above.

Question

Quizplus · Accepted Answer

A field experiment would be the best choice as it would allow the bank manager to manipulate the interest rates for different groups of clients and observe the effect it has on their savings and deposit behavior, while minimizing extraneous variables. A field study would only allow for observational data and may not establish a causal relationship, while a lab experiment would not capture the real-world conditions and behavior of the clients.

A Bank Manager Wants to Determine the Cause-And-Effect Relationship Between