1% Is Equal to 100 Basis Point

question 37

Multiple Choice

1% is equal to 100 basis point. 44.5 percent is how many basis points greater than 34.5 percent?

• A).1
• B)10
• C)100
• D)1,000
• E)10,000

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Definitions:

Rational Method

A systematic approach to problem-solving and decision-making that is based on logical reasoning and empirical evidence.

Factor Analysis

A statistical technique for finding clusters of related traits, tests, or items.

Empirical Method

A way of gaining knowledge by means of direct observation or experience, relying on evidence that is observable and measurable.

Scale Construction

A method used in research for assigning numerical values to variables, allowing for quantitative analysis of traits, attitudes, and behaviors.