What Is the Major Weakness with the Following Survey Question

question 8

Multiple Choice

What is the major weakness with the following survey question? "How old were you when one of your parents first took you to a restaurant?"
1) Under 6 months old
2) 6 months to 12 months old
3) 13 months to 24 months old
4) 25 months to 3 years old
5) More than 3 years old

• A)It is double-barreled question.
• B)The question contains too much unnecessary jargon.
• C)The question is too long.
• D)It is not mutually exclusive question.
• E)Respondents are not fully capable of answering this question.

Acknowledge the limitations of diversification in reducing certain types of financial risk.

Learn the computational methods for determining present and future values of money.

Recognize the prevalence of the moral hazard problem in insurance.

Acknowledge trends in mutual fund performance and their implications for investment strategies.

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Definitions:

Probability

The extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of possible cases.

Escape Conditioning

A learning process in which an organism learns to perform a behavior to terminate an aversive stimulus.

Negative Reinforcement

The strengthening of a behavior because it removes or diminishes a negative outcome or stimulus.

Positive Reinforcement

A stimulus which, when presented after a behavior, increases the likelihood of that behavior being repeated.