Below Is a Description of a Research Situation Encountered in the Social

question 18

Short Answer

Below is a description of a research situation encountered in the social sciences. Based on the information provided, indicate the appropriate statistical procedure for testing the significance of differences or strength of correlation.
A social researcher is interested in studying the relationship between gender and political party affiliation (Democrat, Republican, or Other). What statistic would one employ to look at this potential relationship?

---

Definitions:

Utility Function

A mathematical representation that ranks an individual's preferences over a set of goods and services.

Interest Rate

The share of a loan subject to interest charges to the borrower, typically denoted as an annual percentage of the loan's outstanding sum.

Nominal Interest Rate

The stated interest rate on a loan or investment, not adjusted for inflation.

Rational Consumer

An assumption in economics that consumers aim to maximize their utility or satisfaction from consumption choices, given their budget constraints.