Determine Which of the Following Five Variables Are Numerical and Which

question 27

Multiple Choice

Determine which of the following five variables are numerical and which are categorical. age, gender, height, favorite candy, eye color

• A)Age, height, and favorite candy are numerical variables.Gender and ethnicity are categorical variables.
• B)Age and height are numerical variables.Gender, favorite candy, and eye color are categorical variables.
• C)All of the variables are categorical.
• D)All of the variables are numerical.

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Definitions:

Call Features

Provisions embedded in financial instruments, like bonds, that allow the issuer to repurchase or redeem the instrument before its maturity date.

Call Penalties

Fees or costs that a borrower must pay a lender for the privilege of paying a loan off earlier than the agreed payment schedule.

Call Premiums

The amount by which the price of a callable bond or preferred stock exceeds its par value or redemption price, often stipulated as a penalty for early redemption by the issuer.

Coupon Rates

Interest rates specified on bonds or other fixed-income securities that issuers promise to pay bondholders annually, expressed as a percentage of face value.