To Determine If There Is a Relationship Between Two Nominal

question 31

Multiple Choice

To determine if there is a relationship between two nominal variables,researchers would use

• A) simple regression
• B) cross-tabulation and chi-square test on the two variables being independent
• C) cross-tabulation and relative frequencies of independent variables
• D) bivariate regression

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Definitions:

Transfer

The act of moving assets, rights, or interests from one party to another, which can involve property, securities, or legal rights.

Short Sale

A financial transaction where an investor sells borrowed securities, anticipating a price decline to buy them back at a lower price.

Mortgage Loan

is a type of loan used to purchase or maintain a home, land, or other types of real estate where the borrower agrees to pay back the lender over a period of time, typically through monthly payments.

Market Value

The current price at which an asset or service can be bought or sold in a fair and open market.