What Is NOT True About Variables

question 6

Multiple Choice

What is NOT true about variables?

• A) It is a measurable factor that has an effect on a phenomenon
• B) It must have at least two categories with varying answers
• C) There are four types of variables
• D) The type of variable does not determines the types of statistical analysis

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Definitions:

U.S. Dollar

The official currency of the United States and a standard unit of measurement for global financial transactions.

Triangle Arbitrage

A riskless profit strategy that takes advantage of discrepancies in exchange rates in different markets by conducting a series of conversions among three currencies.

Currency Market

Also known as the foreign exchange market (Forex), it's a decentralized global market where currencies are traded, determining the foreign exchange rates for every currency.

Equilibrium

A state where market supply and demand balance each other, and as a result, prices become stable.