A __________ Is a Method of Accumulating Scores on Individual

question 9

Multiple Choice

A __________ is a method of accumulating scores on individual items to form a composite measure of a complex phenomenon.

• A) Summation index
• B) Likert scale
• C) Guttman scale
• D) Factor analysis

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Definitions:

Shift in Demand

A change in the demand curve caused by factors other than the price of the good or service, leading to an increase or decrease in demand at every price.

Mass Transit

Public shared transportation systems, such as buses and trains, designed to move large numbers of people efficiently across urban and suburban areas.

Drilled Oil

Petroleum that has been extracted from the earth via drilling operations, a common method for obtaining crude oil.

Inferior Goods

Goods whose demand decreases when consumer income rises, opposite to normal goods, due to their lower quality.