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The Type of Variables Which Produce Responses That Belong to Groups

question 155

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The type of variables which produce responses that belong to groups or categories,such as responses to yes or no questions,are called:


Definitions:

Expiration Date

The date on which an option, right, or obligation ends or expires.

Land Option Contract

A legal agreement that gives one party the right, but not the obligation, to buy or sell land at a predetermined price within a specific time period.

Decision Tree

A graphical representation used in decision analysis to lay out choices and their possible consequences, including chance event outcomes, resource costs, and utility.

Capital Asset Pricing Model

A model that describes the relationship between systematic risk and expected return for assets, particularly stocks.

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