Once Research Data Has Been Collected, They Can Be Used

question 4

Multiple Choice

Once research data has been collected, they can be used to:

• A) summarize the characteristics of the research sample or population that provided them
• B) estimate the characteristics of the population from which a research sample was drawn
• C) determine if a pattern of relationships between variables within a sample is likely to be a real one that exists within a population
• D) all of the above

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Definitions:

Disposable Income

The amount of money available to households for making purchases and savings after the removal of income taxes.

Saving

The act of setting aside a portion of current income for future use, or the portion of income not spent on current expenditures.

MPC (Marginal Propensity to Consume)

The proportion of additional income that is spent on consumption.

Saving

The act of setting aside money for future use instead of spending it immediately.