In an Application for a Credit Card, Potential Customers Are

question 28

Multiple Choice

In an application for a credit card, potential customers are asked for their social security numbers.A social security number is an example of a _____.

• A) categorical variable
• B) quantitative variable
• C) categorical or quantitative variable, depending on how the respondents answered the question
• D) ratio variable

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Definitions:

Down Payments

An initial payment made when purchasing something on credit, representing a portion of the total price, with the balance to be paid over time.

Foreign Corrupt Practices Act

A U.S. law that prohibits American companies and their employees from bribing foreign officials to gain a business advantage.

President Jimmy Carter

Former President of the United States from 1977 to 1981, known for his focus on human rights, diplomacy, and environmental issues.

Foreign Government Officials

Individuals who hold positions of authority or service in the government of a country other than one's own.