Which of the Following Is NOT One of the Basic

question 51

Multiple Choice

Which of the following is NOT one of the basic types of descriptive studies?

• A) Cross-sectional design
• B) Longitudinal design
• C) Time series design
• D) Latitudinal design
• E) Both C and D

---

Definitions:

Simple Interest

A method to calculate interest where the interest payment is a fixed percentage of the principal amount that does not change over the life of the loan or investment.

Interest

Interest is the cost of borrowing money, expressed as a percentage of the borrowed sum, paid by the borrower to the lender for the use of the money over a specified period.

Lump Sum

A one-time transaction executed at a specific moment, rather than multiple transactions spread out over a period.

Rate Of Return

The profit or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.