Marital Status Is an Example of a Categorical Variable

question 20

True/False

Marital status is an example of a categorical variable.

---

Definitions:

Steady Rate

A constant pace or level of progress, maintaining uniformity over a specified time without abrupt changes or fluctuations.

Short-Term Investors

Individuals or entities that purchase assets with the intention of holding them for a brief period, typically less than a year, to profit from short-term price movements.

Rate Of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment’s initial cost.

Ownership Of Stocks

The holding of shares in a company, which represent a claim on the company's assets and earnings, providing an opportunity for investment returns.