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Sandra Catrioni is a research analyst at Spellman Research Associates. She has just completed a study of customers for Brennan's, a department store in Tulsa, Oklahoma. She asked the question, "How much do you believe you spend on an average trip to a department store?" She realizes that the level of the measurement scale of the answer is ratio. However, for her client's presentation, she wants to create categories of the answers and put them in a bar chart. The categories will be of unequal amounts. The first category will be "Less than $10" and the second category will be "$10 to $25," and so on. What effect will this have on the measurement level of the new variable she will create containing the categories?
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership interest and certain rights in the company.
Subrogation
The legal right for an insurer to pursue a third party that caused an insurance loss to the insured.
Subscription
A payment for a service or product that is provided over a period of time, typically regularly (such as monthly or annually).
Watered Stocks
Shares of a company that have been issued at a price far greater than the asset value of the company, leading to an inflation of the company's market value without an increase in actual capital.
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