Imagine That You Are Trying to Rewrite a Survey

question 62

Multiple Choice

Imagine that you are trying to rewrite a survey.You find a multiple-choice question that asks,"What is your favorite recreational activity?" and gives three response options: watching television,shopping,or sports.You add a fourth response option,"other," and invite respondents to write an activity of their choice.What kind of question have you just made?

• A) open-ended
• B) quantitative
• C) reductionist
• D) closed-ended

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Definitions:

Real Rate

The Real Rate refers to the interest rate adjusted for inflation, representing the true cost of borrowing or the true return on investment.

Risk Premium

The additional return expected by an investor for taking on a higher level of risk compared to a risk-free asset.

Expected Return

A rephrased definition for Expected Rate of Return; it refers to the anticipated profit or loss from an investment based on its potential outcomes and their probabilities.

Historical Data

Past records or data points that are used for analysis or forecasting future trends.