Which of the Following Statements Is/are INCORRECT?​

question 16

Multiple Choice

Which of the following statements is/are INCORRECT?​

• A) ​Closed-ended questions should limit respondents to three or four choices.
• B) ​Closed-ended questions should have response categories that are mutually exclusive and exhaustive.
• C) ​Closed-ended questions should provide uniformity of response.
• D) ​Closed-ended questions should cover the range of likely responses.

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Definitions:

Expected Rate

The anticipated return on an investment, factoring in the probability of various outcomes, including risks and rewards.

T-bill

Short for Treasury bill, a short-term government security issued at a discount from the par value and pays no interest before maturity, but is redeemed at its face value.

Correlation Coefficient

A numerical measure that describes the size and direction of a relationship between two variables.

Capital Market Line

A line used in the capital asset pricing model to illustrate the rates of return for efficient portfolios depending on the risk-free rate of return and the level of risk (standard deviation) for a particular portfolio.