The Numerical Score Assigned to the Credit Rating of a Bond

question 3

Multiple Choice

The numerical score assigned to the credit rating of a bond is best described as what type of number?

• A) Continuous
• B) Cardinal
• C) Ordinal
• D) Nominal

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Definitions:

Response Variable

A variable (often denoted as Y) that represents the outcome or the effect in a study or experiment, influenced by the explanatory variables.

Hydroxyurea

A medication used to treat certain cancers and diseases of the blood, working by slowing or stopping the growth of cancer cells.

Sickle-Cell Disease

A genetic blood disorder characterized by red blood cells that assume an abnormal, rigid, sickle shape.

Available Data

Available data refers to the subset of data that is readily accessible and usable for analysis out of the larger set of potentially collectible data.