Use the Table for the Question(s)below

question 2

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Merck:
-How many of the January 2009 call options are in the money?

• A)2
• B)4
• C)1

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Definitions:

Independent Variable

The variable that is manipulated or changed in an experiment to test its effects on the dependent variable.

Controlled

In an experiment, refers to conditions that are manipulated or regulated by the researcher to establish cause-and-effect relationships.

Manipulated

Refers to an item or variable that is intentionally changed or adjusted in a study to observe its effects.

Independent Variable

The variable that is manipulated or changed in an experiment to test its effects on dependent variables.