Consider the Example of a Respondent Who Indicates an Extremely

question 36

True/False

Consider the example of a respondent who indicates an extremely favorable attitude toward spectator sports on all of the positively worded statements in a survey and an extremely negative attitude on statements that were reversed.Decisions whether such respondents should be discarded,that is,not included in the analysis,can raise ethical concerns.A good rule of thumb is to make such decisions during the data-preparation phase before conducting the analysis.

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Definitions:

Components

The individual parts or elements that make up a larger object or system.

Borrowed Reserves

Funds that commercial banks borrow from the central bank, often used to meet reserve requirements or to manage liquidity.

Federal Reserve System

The principal banking organization in the United States tasked with handling monetary policy.

Federal Funds Market

A financial market that allows banks to borrow or lend reserves overnight to meet reserve requirements.