Based on the Following Scenario

question 24

Multiple Choice

based on the following scenario.
In a third world country, 100 randomly selected people were surveyed about their socioeconomic class and religious affiliation. The results and an excerpt from this fictitious study follow:

Excerpt: "Based on a chi-square test for independence, the working class differed from the middle class in the distribution of religious identification, χ² (4, N = 100) = 11.73, p < .05."
-Of the total sample,the percentage of agnostics,atheists,and others was

• A)(12 + 13 + 22)/100 = 47%.
• B)(4 + 6 + 18)/100 = 28%.
• C)(8 + 7 + 4)/34 = 56%.
• D)(12 + 13 + 22)/66 = 71%.

---

Definitions:

Time Value

The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.

February Put

An options contract giving the holder the right but not the obligation to sell a specified amount of an underlying asset at a predetermined price on or before a specified date in February.

Call Option

A financial contract giving the buyer the right but not the obligation to purchase a stock, bond, commodity, or other asset at a specified price within a certain time frame.

Exercise Price

The price at which an option holder can buy or sell the underlying security, determined at the time the option is issued.