Affonso Plans to Study the Effect of Degree Type on the Income

question 47

Multiple Choice

Affonso plans to study the effect of degree type on the income of college graduates.He chooses to represent degree type with college major and to represent income with individual annual income (in dollars) .In this study,college major is a(n) ________ variable and individual annual income is a(n) ________ variable.

• A)ordinal;nominal
• B)nominal;ratio
• C)interval;ordinal
• D)ordinal;interval

---

Definitions:

Bailment

A legal relationship in which physical possession of personal property is transferred from one person to another, who subsequently holds the property for a certain purpose under an agreement.

Bailed Property

Personal property that has been transferred to another under a bailment agreement, where the receiver has a duty to return or handle the property as directed.

Compensation

Payment or benefit given, often to employees or in settlement of a claim, for services rendered, loss suffered, or injury incurred.

Superior Claim

A legal assertion that some interests or rights (such as those in property) are ranked higher than others, giving them priority in being honored or executed.