A Question That Asks the Age of a Respondent in Years

question 21

Multiple Choice

A question that asks the age of a respondent in years would be scaled as:

• A)nominal.
• B)ordinal.
• C)interval.
• D)ratio.
• E)rank-order.

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Definitions:

Decision Tree

A form of scenario analysis in which different actions are taken in different scenarios.

Abandonment Option

Allows a company to reduce the capacity of its output in response to changing market conditions. This includes the option to contract production or abandon a project if market conditions deteriorate too much.

WACC

The Weighted Average Cost of Capital provides a measure for a company's cost of capital, where each type of capital is assigned a weight based on its proportion.

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows of a project or investment over time.