Refer to the Information Provided in Scenario 22

question 102

Multiple Choice

Refer to the information provided in Scenario 22.3 below to answer the question(s) that follow.
SCENARIO 22.3: Consider a local high school that has 300 sophomores considered to be at-risk students. A privately-sponsored after-school sports program has been established to try to help at-risk students succeed in finishing high school. The local government wants to know if this program reduces the students' probability of dropping out of high school before the end of their junior year, and decides to randomly sample 150 of the 300 at-risk sophomores and invite them to attend the after-school program at no cost. 100 students accept the invitation, and by the end of their junior year, the drop-out percentage of the 100 students who attended the program was lower than the drop-out percentage of the 200 students who did not attend the program.
-Refer to Scenario 22.3. To use the intention-to-treat procedure to measure the effect of the after-school program, you would need to compare

• A) the drop-out percentage of the 100 students who attended the program to the drop-out percentage of the 200 students who did not attend the program.
• B) the drop-out percentage of the 100 students who attended the program to the drop-out percentage of the 50 students who were offered the program but chose not to attend.
• C) the drop-out percentage of the 150 students who were offered the program to the drop-out percentage of the 150 students who were not offered the program.
• D) the drop-out percentage of the 50 students were offered the program but chose not to attend to the drop-out percentage of the 150 students who were not offered the program.

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Actual Value

The actual value is the genuine, intrinsic value of an asset, without any speculation or market influence; often considered the most accurate value of an asset.

Time Value

The idea that money available now is worth more than the same amount in the future due to its earning potential.

Intrinsic Value

The actual value of a company or an asset based on underlying perception of its true value including all aspects of the business.