All of the Following Are Advantages of Longitudinal Designs Over

question 37

Multiple Choice

All of the following are advantages of longitudinal designs over cross-sectional designs (Table 3.4 in the text) except ________.

• A)detecting change
• B)accuracy
• C)large amount of data collection
• D)representative sampling

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Definitions:

Net Operating Income

A measure of a company's profitability excluding interest and tax expenses.

Operating Income

This is the profit realized from a business's operations, calculated by subtracting operating expenses from gross profit.

Total Contribution Margin

The difference between total sales revenue and total variable costs, indicating the amount available to cover fixed expenses and generate profit.

Operating Leverage

A measure of how sensitive net operating income is to a given percentage change in revenue, indicating the proportion of fixed versus variable costs.