A Financial Asset Is Considered ________ If It Can Be

question 46

Multiple Choice

A financial asset is considered ________ if it can be sold in a secondary market.

• A)a commodity
• B)a security
• C)a liability
• D)durable

---

Definitions:

Chi-square Test of Independence

A statistical analysis aimed at identifying a meaningful relationship between two variables that can be categorized.

Quantitative Variables

Variables that represent measurable quantities and can take on numerical values.

Chi-Square Test

A statistical method to assess the differences between categorical variables in a contingency table, comparing observed frequencies to expected frequencies.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution.