Question
For the following description ofdata, identify theW's, name thevariables, specify for each variable whether its use indicates it should be treated as categorical orquantitative, and
For the following description ofdata, identify theW's, name thevariables, specify for each variable whether its use indicates it should be treated as categorical orquantitative, and for any quantitative variable identify the units in which it was measured(or note that they were notprovided). Specify whether the data come from a designed survey or experiment. Are the variables time series orcross-sectional? Report any concerns you have as well.
Anonlinesurvey of students in a large Microeconomics class at a graduate school in the northeastern United States asked them to report their total amountofmoneysavedinthe bank ($), total number of differentcreditcards currentlyheld, total invested in bonds ($), and the name of each bond in which they have invested. The data were used in the aggregate for classroom illustrations.
Who wasmeasured?
A.
Students in the northeastern United States
B.
Students at a graduate school
C.
Students in a large Microeconomics class
Your answer is correct.
D.
This information is not given.
What wasmeasured? Select all that apply.
A.
Total number of differentcreditcards currently held
Your answer is correct.
B.
Total personal investment in bonds
Your answer is correct.
C.
Name of each bond in which they have invested
Your answer is correct.
D.
Total amountofmoneysavedinthe bank
Your answer is correct.
E.
Total net worth
F.
This information is not given.
When were the measurementstaken?
A.
Recently
B.
Last year
C.
This information is not given.
Your answer is correct.
Where were measurementstaken?
A.
Theprofessor's office
B.
The stock market
C.
The United States
Your answer is correct.
D.
This information is not given.
Why were the measurementstaken?
A.
The information was collected for classroom illustrations.
Your answer is correct.
B.
The information was collected in order to help thestudents' better handle their personal finances.
C.
The professor collected the information for use in a personal project.
D.
This information is not given.
How were the measurementstaken?
A.
Anonlinesurvey was conducted.
Your answer is correct.
B.
Students submitted their information in a homework assignment.
C.
Apoll was conducted.
D.
This information is not given.
Specify the categorical variables for this problem. Select all that apply.
A.
Total number of differentcreditcards currently held
B.
Total personal investment in bonds
C.
Name of each bond in which they have invested
D.
Total net worth
E.
Total amountofmoneysavedinthe bank
F.
There are no categorical variables.
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Economic Change In Asia Implications For Corporate Strategy And Social Responsibility
Authors: M Bruna Zolin, Bernadette Andreosso O'Callaghan, Jacques Jaussaud
1st Edition
1317286650, 9781317286653
