If We Administered Psychological Tests to a Set of Students

question 27

Multiple Choice

If we administered psychological tests to a set of students and then placed these subjects into groups with the labels "anxious," "calm," "angry," and "control," what type of variable have we created for our sample?

• A) Ordinal categorical
• B) Ordinal quantitative
• C) Nominal categorical
• D) Nominal quantitative

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Definitions:

Target Cash Balance

The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.

Speculative Motive

The intent to hold cash or other assets for the purpose of benefiting from future market movements.

Precautionary Motive

The desire to hold cash or liquid assets to guard against unforeseen future needs and emergencies.

Transaction Motive

The need for cash to meet immediate and anticipated demands for payment, a key reason for holding cash in business.