The right answer for the question that is being asked and shown above is that: "Work-Study Programs." These are generally awarded to undergraduate students based on need, school cost, and/or enrollment status and do not have to be repaid. This is called <span>Work-Study Programs</span>
Complete Question: Classify the following data. Indicate whether the data is quantitative or quantitative, Gender is an example of which type of data here, discrete, continuous, or neither and indicate the level of measurement for the data. Fifty people were asked to respond to a survey question regarding how frequently they used their credit card. The categories they were asked to choose from are given below: Infrequently Sometimes Frequently. 1). Are these data quantitative or quantitative? 2). Are these data discrete or continuous or Neither ?3). What is the highest level of measurement the data possesses? Nominal, Ordinal, Interval, or Ratio
Answer: is the data is<em> </em><u><em>Qualitative</em></u>, the data is <u><em>neither</em></u><em> </em>(data not shown) discrete nor continuous, and finally the the level of measurement of data is <u><em>ordinal</em></u>. Lastly
1). What is Quantitative and Qualitative data: <u>Quantitative data</u> includes large groups of people usually in hundreds or thousands, collecting data by structured questionnaire technique that consists of forced choice and closed ended questions. While on the other hand, <u>Qualitative data</u> includes small group and conduct the research in the form of in-person or focus groups, phone interviews and detailed surveys. Qualitative technique is more precise and in depth kind of technique.
2). The option is neither, which means gender (male or female) is not specified. Insufficient information is given of the people's gender.
- Continuous data ( data that can be divided and reduced to more precise level <u>for example</u> <em>measurements</em>)
- Discrete data ( this form of data includes integers, which means the count cannot be made more accurate <u>for example</u> <em>counts</em>)
3). Level of measurement of data: There are four types of data levels of measurements namely;
- Nominal
- Ordinal
- Interval
- Ratio
Ordinal level of measurement: In an ordinal level of measurement, data is specified in order form which means the ordinal level of measurement shows an ordering of the measurements. <u>For example</u>, In a class of 20 students, the student who got the highest marks in the exam stood 1st rank in the class then the student who got second highest marks stood 2nd rank in the class and so on. The students got their ranks order wise according to the marks they obtained.
Answer:
A. the illusion of invulnerability
Explanation:
This group will most likely develop overconfidence in any future task assigned to them. This is based on the fact that they have a repetitive history of successfully completing its project in time. By being overly optimistic , analytical thinking can be eliminated and these symptoms of groupthink are referred to as the illusion of invulnerability. The group therefore can end up taking too much risk as the members feel that no obstacle can hinder them from being successful in their projects.
Answer:
The correct answer is letter "D": the more substitutes a good has.
Explanation:
Price elasticity of demand is the result of the relation between changes in price and quantity demanded for a good or service. <em>Price elasticity of demand is calculated dividing the percentage change in quantity demanded by the percentage change in price.</em> If the result is equal to or greater than 1, the demand is elastic. This situation implies a minimum change in price will affect by far the quantity demanded of that good or service.
Thus,<em> products with many substitutes are elastic because a minimal change in their price would represent a large change in quantity demanded since consumers will find similar products that satisfy their needs in the same proportion.</em>
A. Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses
