As Part of an Economics Class Project, Students Were Asked

question 9

Multiple Choice

As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked
To summarize the current prices (also referred to as the closing price of the stock for a particular
Trading date) of the collected stocks using graphical and numerical techniques. Would this be an
Application of descriptive or inferential statistics?

• A)Inferential statistics
• B)Descriptive statistics

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Definitions:

Rorschach Inkblots

The Rorschach Inkblots are a psychological test consisting of ten inkblots used to analyze an individual's personality characteristics and emotional functioning.

Instructions

Directions or orders given that are meant to guide actions or conduct.

Intentionally Vague

Deliberately lacking in detail or precision in communication, often to avoid commitment or to obscure the truth.

Projective Personality Tests

Psychological assessments that utilize ambiguous stimuli, requiring the respondent to project their own interpretations, which are analyzed to understand their personality and unconscious motives.