When Is It Appropriate to Use a Cross-Classified Multilevel Model

question 8

Multiple Choice

When is it appropriate to use a cross-classified multilevel model?

• A) When it is unclear which level-1 units belong to the different higher-level units
• B) When level-1 units can be members of more than one higher-level unit at the same time
• C) When the level-1 units can only be nested into level-3 units
• D) If your regular model fails to converge

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Definitions:

Transactions

Financial activities or events that result in the exchange of assets, liabilities, or equity between entities.

Sole Stockholder

An individual or entity that owns 100% of a corporation’s stock, holding complete control over the firm.

Money Units

A standard unit of measure for accounting transactions, typically representing the currency in which a financial transaction is recorded.

Transactions

Financial activities or events that affect the financial position of a business, such as sales and purchases.