In Looking Over the Responses Given to the Items in Question

question 14

Multiple Choice

In looking over the responses given to the items in question 8,you notice that only one of your 2000 respondents had missing data on any of the items.That respondent scored 3 on the first 3 items but left item 4 blank.You should:

• A) give the respondent a total score of 9.
• B) assign the middle value or the respondent's average value to item 4, giving that respondents a total score of 12.
• C) exclude that respondenrom your data analysis.
• D) either exclude that respondenrom your analysis or assign the middle or average value to item 4

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Definitions:

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock or other asset at a set price within a specific time period.

Hedge Ratio

A ratio used to measure the proportion of an investment's risk that is being mitigated by a hedge, aiming to reduce potential losses.

At-the-money

A term used in options trading to describe an option where the market price of the underlying asset is equal to the option's strike price.

Straddle Position

An investment strategy involving the purchase or sale of both a call option and a put option on the same asset, with identical strike prices and expiration dates, used to bet on volatility.