For Ease of Data Entry into a University Database, 1

question 27

Multiple Choice

For ease of data entry into a university database, 1 denotes that the student is a freshman, 2 indicates a sophomore, 3 indicates a junior, and 4 indicates that the student is a senior. In this case, data are

• A) categorical.
• B) quantitative.
• C) either categorical or quantitative.
• D) neither categorical nor quantitative.

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Definitions:

Payback Method

A method of investment appraisal that calculates the time required for the cash inflows from a project to repay its initial investment.

Cash Flows

The total amount of money being transferred into and out of a business, affecting the company's liquidity.

Cost Of Capital

The average rate of return a company must pay to its long-term creditors and shareholders for the use of their funds.

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.