Which of the Following Student Characteristics Is an Example of a Nominal

question 50

Multiple Choice

Which of the following student characteristics is an example of a nominal variable?

• A)grade point average (3.2,2.5,etc.)
• B)number of friends (0,1,etc.)
• C)birth position in the family (first,second,etc.)
• D)nationality (U.S.,Japanese,etc.)

---

Definitions:

Lockbox System

A system used by companies to expedite the collection of check payments by having them processed through a bank's PO Box.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at their face value to create a return to the investors.

Collection Time

The average period it takes for a business to receive payments owed by its customers after a sale has been made.

Lockbox System

A service provided by banks to companies for receiving payments from customers; payments are sent to a post office box and then quickly processed by the bank.