Which of the following statements is true?
A) Data help establish whether theories match reality.
B) Data are not an integral part of optimization analysis.
C) Empiricism is not an integral part of optimization analysis.
D) Empiricism refers to the testing of ideas without using data.

Question

Quizplus · Accepted Answer

Data are critical in testing and validating theories, and they play a vital role in establishing whether optimization models match empirical reality. Consequently, option A is the only true statement. B and C are incorrect because data are an essential part of optimization analysis, and empiricism helps ground theories in reality. Option D is incorrect because empiricism refers to testing ideas through observation and evidence gathering, and this often involves collecting and analyzing data.

Which of the Following Statements Is True