MrMarsh Uses a Special Measure Combining Information from Separate Indicators

question 17

Multiple Choice

Mr.Marsh uses a special measure combining information from separate indicators into one score.He is most likely using a(n)

• A)nominal scale.
• B)index.
• C)scale.
• D)his own method.

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Definitions:

Generation

A group of individuals born and living around the same time, sharing similar cultural experiences or characteristics.

Present Value

Present value is the current value of a future sum of money or stream of cash flows given a specified rate of return, reflecting the time value of money.

Future Value

The value of an investment or cash flow at a specified future date, calculated by applying expected rates of return or interest rates.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are bought and sold in a competitive marketplace.