Consider the Spreadsheet Model Shown in the Figure Below A) Descriptive Model

question 16

Multiple Choice

Consider the spreadsheet model shown in the figure below. This is an example of a $\begin{array}{|l|l|r|l|}\hline&A&B&C\\\hline 1 & & \\\hline 2 & & \\\hline 3 & \text { Purchase price } & \$ 32,500& \\\hline 4 & \text { 1ess: } & \\\hline 5 & \text { Down payment } & \$ 6,500 \\\hline 6 & \text { Trade-in } & \$ 4,000 \\\hline 7 & \text { Amount financed } & \$ 22,000 \\\hline 8 & & \\\hline 9 & \text { Term of loan } & 5 \text { years } \\\hline 10 & & \\\hline 11 & \text { Annual interest rate } & 11.25 \% \\\hline 12 & & \\\hline 13 & \text { Monthly payment } & \$ 481.08 \\\hline 14 & & \\\hline\end{array}$

• A) descriptive model.
• B) predictive model.
• C) prescriptive model.
• D) preventive model.

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Definitions:

Social Construction

The theory that aspects of our reality, including knowledge, are not inherent but are created through social interactions and cultural norms.

Race

A social construct used to categorize and differentiate individuals based on physical characteristics and genetic heritage, often resulting in systemic disparities and prejudice.

Racial Superiority

The belief that a particular race or ethnicity is superior to others and deserves to dominate, lead, or be given preferential treatment.

Classification

The systematic arrangement or categorization of entities based on shared qualities or characteristics.