The Range (R) Is Found by Subtracting the Lowest from the Highest

question 13

Multiple Choice

The range (R) is found by subtracting the lowest from the highest score in the distribution. Therefore, R could NOT be found for________.

• A) nominal level variables.
• B) discrete variables.
• C) ordinal level variables.
• D) continuous variables.

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Definitions:

Marginal Tax Rate

A rephrasing: The portion of tax applied to your income for each additional dollar you earn.

Required Rate of Return

The minimum annual percentage return an investor expects to earn from an investment, considering its risk level.

Preferred Shares

A type of stock that provides holders with a fixed dividend, which must be paid before dividends are paid to ordinary shareholders.

Floatation Costs

The costs that a company incurs when it issues new securities, including underwriting fees, legal fees, and registration fees.