The High Temperature Is Recorded Each Day for a Period

question 138

Multiple Choice

The high temperature is recorded each day for a period of 1 year. This is an example of:

• A) nominal data.
• B) ordinal data.
• C) time-series data.
• D) cross-sectional data.

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Definitions:

Unsystematic Risk

The hazard pertaining to an individual business or field, which can be reduced by diversifying assets.

Systematic Risk

A risk pervasive throughout the whole market or a specific segment of it, not reducible by investment diversification.

Inflation Adjusted Risk

Refers to the danger of losing purchasing power of an investment due to inflation outpacing the returns.