Which One of the Following Individuals Should Have a Higher

question 70

Multiple Choice

Which one of the following individuals should have a higher tolerance for risk?

• A)Joan Cummings, who is a single mother with two small children
• B)Darren Carter, who works for American Airlines and is worried that he is going to be laid off soon
• C)Barry Parks, who is an investment banker and earns over $200,000 per year
• D)Michael Clark, who is 74 years old and has been retired for 6 years
• E)Fred Funderbunk, who is a pizza delivery person and makes about $15,000 per year

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Definitions:

Correlational Data

Information that measures the relationship between two or more variables, indicating how likely they are to increase or decrease in parallel.

Self-reports

A method of gathering data where individuals directly report their own experiences, behaviors, or attitudes.

Independent View

An outlook focusing on the importance of personal self-sufficiency, personal achievements, and the uniqueness of the individual.

Personal Goals

Individual objectives or desires that a person aims to achieve or accomplish over a period.