When Using the Nominal Scale to Assess Political-Party Affiliation

question 82

Multiple Choice

When using the nominal scale to assess political-party affiliation,

• A) the strength of each individual's party loyalty must be established
• B) the subjects within each category must be rank-ordered with respect to affiliative strength
• C) each and every subject must receive a different scale number
• D) the individuals must be independently grouped as to party preference

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Definitions:

Premium Rate

This refers to the additional cost above the standard rate charged by financial instruments or insurance policies, to cover additional risks or benefits.

Warrants

Securities that grant the holder the right to purchase the issuer's stock at a specified price within a certain time frame.

Exercise Price

The rate at which an option's owner is entitled to purchase or sell the base asset.

Coupon Interest Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, paid from issuer to bondholder.