A bank wants to know which of two incentive plans will most increase the use of its credit cards. It offers each incentive to a group of current credi

Rui Baldwin

Rui Baldwin

Answered question

2021-06-22

A bank wants to know which of two incentive plans will most increase the use of its credit cards. It offers each incentive to a group of current credit card customers, determined at random, and compares the amount charged during the following six months. What type of study design is being used to produce data?

Answer & Explanation

nitruraviX

nitruraviX

Skilled2021-06-23Added 101 answers

An experiment deliberately imposes some treatment on individuals in order to observe their responses.
An observational study tries to gather information without disturbing the scene they are observing.
Experiment

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