What are the reasons of negligible number of studies of cost-effectiveness analysis (CEA) of projects…
Cost-Effectiveness Analysis (CEA) is rarely conducted on educational projects primarily because (a) educational evaluators often have an inadequate technical background in…
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What are the reasons of negligible number of studies of cost-effectiveness analysis (CEA) of projects in the field of Education?
(a) Evaluator's inadequate background in CEA
(b) Lack of requisite exposure in CEA
(c) Lack of familiarity of the decision-makers with CEA
(d) Less weightage assigned to educational concepts in CEA
Answer and explanation
Correct answer A
Cost-Effectiveness Analysis (CEA) is rarely conducted on educational projects primarily because (a) educational evaluators often have an inadequate technical background in economics and CEA, (b) they lack requisite practical exposure to CEA methodologies, and (c) educational decision-makers themselves lack familiarity with interpreting and using CEA results.
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