Since Gamma Is a PRE Measure,it Tells Us

question 44

Multiple Choice

Since gamma is a PRE measure,it tells us

• A)the improvement in predicting the order of pairs of cases by taking the dependent variable (Y)into account.
• B)the improvement in predicting the order of pairs of cases by taking the independent variable (X)into account.
• C)how much better off we are by knowing the value of the independent variable.
• D)how much is gained by having full knowledge of both scores for each case.

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Definitions:

Creditor

A party or institution to whom money is owed.

Default

The failure to fulfill an obligation, especially the failure to make payments on a loan.

Exempt Property

Assets that cannot be seized by creditors to satisfy a debt, as defined by law.

Judgment Debt

An obligation arising from a court's final decision requiring a debtor to pay a sum of money to the creditor.