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George Hubbard Has Nearly Completed Designing a Survey for a Political

question 56

Multiple Choice

George Hubbard has nearly completed designing a survey for a political candidate. Not only is the candidate interested in knowing how constituents in her state feel about certain issues, but she is interested in knowing if attitudes toward these issues differ by demographic subgroups. One of the demographic questions George has added to the survey is religious preference. He asked this question in a way that respondents would indicate their preference by checking a blank box alongside the name of several possible religious affiliations such as "Catholic," "Methodist," "Muslim," and so on. George knows that he should anticipate how he is going to analyze the data before he completes the survey questions. As he looks at the religious preference question, he knows that because it's measurement level is ________, he should use a ________ to report the central tendency and a ________ to report variability.

Definitions:

Financial Crises

Severe disruptions in financial markets that occur when there is a sudden loss of confidence among investors, depositors, or consumers, often leading to a liquidity shortfall and economic downturn.

Financial Markets

Platforms or systems that facilitate the buying, selling, and trading of financial assets like stocks, bonds, and commodities, allowing for the allocation of capital and risk.

Discount Rate

The interest rate charged by central banks on loans they provide to commercial banks or financial institutions.

Money Supply

The entire amount of cash and cash equivalents present in an economy at a designated time, including money in the form of coins, notes, and funds held in checking and savings accounts.