What Is the Difference Between a "Crude" and a "Specific

question 1

Multiple Choice

What is the difference between a "crude" and a "specific" rate (e.g. ,birthrate,deathrate) ?

• A) Crude rates use less sophisticated statistical analyses than specific rates.
• B) Crude rates are estimations based on a population sample,while specific rates are constructed from census counts.
• C) Crude rates do not take account of the population distribution in any way,while specific rates do.
• D) Crude rates estimate a range for a particular statistic,while specific rates give a single number.

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Definitions:

Company

A legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

Par Value

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.

Stock

Shares in the ownership of a company, representing a claim on part of the corporation's assets and earnings.

Share

A unit of ownership in a company or financial asset that gives the holder a claim on part of the company's assets and earnings.