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If Participants in a Study Are Classified by Age (Over

question 30

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If participants in a study are classified by age (over 30/under 30)and by political affiliation (Democrat/Republican),then the point-biserial correlation would be the proper technique to measure the relationship between the two variables.


Definitions:

Yield to Maturity

The total return anticipated on a bond if it is held until the date it matures.

Annual Coupon

The annual interest payment received by bondholders, expressed as a percentage of the bond's face value.

Par Value

The face value of a bond or stock, as designated by the issuing company, which may not reflect the market value.

Premium

An amount paid for an insurance policy, or the cost above the nominal or face value of a financial instrument.

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