Based on the Following Scenario

question 67

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."
-One finding of the study was that

• A)being working class caused subjects to be Catholic.
• B)working class subjects tended to be Protestant,Catholic,or other,whereas middle class subjects were most likely to be Protestant.
• C)middle class subjects valued religion more than working class subjects.
• D)being Catholic caused subjects to be working class.

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Definitions:

Variances of Returns

A statistical measure of the dispersion of returns for a given security or market index, showing the degree of variation from the average.

Beta

A measure of the volatility or systematic risk of a security or a portfolio compared to the market as a whole.

Regression Analysis

A statistical method used to model the relationship between a dependent variable and one or more independent variables.

Adjustment Technique

Methods or procedures used to modify data or values, bringing them in line with a specific standard or making them more comparable.