A Researcher Asked a Sample of Dual Career Families About

question 15

Multiple Choice

A researcher asked a sample of dual career families about the percentage of the family budget contributed by the wife's job (Y) and the total number of children (X) .Pearson's r for this relationship is -0.34.Which of the following is an appropriate interpretation of these results?

• A)For every dollar contributed by the wife,the number of children increases by .34.
• B)For every additional child,the wife must work longer hours.
• C)Every additional child lowers the economic wellbeing of the family.
• D)As number of children increase,the percentage of the budget contributed by the wife decreases.

---

Definitions:

Nominal Rate

The interest rate before adjustments for inflation, representing the face value of financial products.

Compounded Monthly

A method of calculating interest where the accrued interest is added to the principal sum at the end of each month, leading to "interest on interest."

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Perpetuity

An infinite series of equal payments made at fixed intervals, with no end date.